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S&P Global Q2 Adjusted Earnings, Revenue Rise; Fiscal 2024 Outlook Lifted
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S&P Global Q2 Adjusted Earnings, Revenue Rise; Fiscal 2024 Outlook Lifted
Jul 30, 2024 5:30 AM

08:09 AM EDT, 07/30/2024 (MT Newswires) -- S&P Global ( SPGI ) reported Q2 adjusted earnings Tuesday of $4.04 per diluted share, up from $3.12 a year earlier.

Analysts polled by Capital IQ expected $3.65.

Revenue for the quarter ended June 30 was $3.55 billion, compared with $3.10 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.41 billion.

The company said it now expects fiscal 2024 adjusted diluted earnings of $14.35 to $14.60 per share, up from $13.85 to $14.10 anticipated previously. Revenue for the fiscal year is now expected to grow 8% to 10%, versus the prior revenue growth guidance range of 6% to 8%, S&P Global ( SPGI ) added.

Analysts surveyed by Capital IQ expect normalized earnings of $14.33 per share.

Price: 503.00, Change: +13.17, Percent Change: +2.69

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