We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
S&P Global, Inc. (SPGI) Beats on Q1 Earnings, Guidance Up
Read MoreHide Full Article
S&P Global, Inc. (SPGI - Free Report) formerly known as McGraw-Hill Financial, is the provider of financial information, and the owner of one of the top credit rating agencies (Standard & Poor’s). The company now primarily focuses on capital and commodities markets and includes iconic brands like S&P Ratings, S&P Capital IQ, S&P Indices and Platts.
SPGI has an outstanding earnings track record, and has delivered an average positive earnings surprise of 6.31% in the last four trailing quarters, beating estimates all through.
Earnings: Earnings beat. SPGI reported adjusted earnings per share (EPS) of $1.62 in the first-quarter 2017, which beat the Zacks Consensus Estimate called for EPS of $1.40.
Revenues: Revenues beat. SPGI posted net sales of $1,453 million during the quarter, above the Zacks Consensus Estimate of $ 1,388 million.
Key Stats to Note: Concurrent with the earnings release, the company hiked its full-year 2017 revenue guidance, from flat to low single-digit growth. Also, it has raised its guidance for adjusted EPS to $6.00 to $6.20 from the earlier $5.90 to $6.15.
Stock Price: SPGI shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on S&P Global’s earnings report!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
S&P Global, Inc. (SPGI) Beats on Q1 Earnings, Guidance Up
S&P Global, Inc. (SPGI - Free Report) formerly known as McGraw-Hill Financial, is the provider of financial information, and the owner of one of the top credit rating agencies (Standard & Poor’s). The company now primarily focuses on capital and commodities markets and includes iconic brands like S&P Ratings, S&P Capital IQ, S&P Indices and Platts.
SPGI has an outstanding earnings track record, and has delivered an average positive earnings surprise of 6.31% in the last four trailing quarters, beating estimates all through.
Currently, SPGI carries a Zacks Rank #2 (Buy), which is subject to change following the first-quarter 2017 earnings announcement. You can see the complete list of today’s Zacks #1 Rank stocks here.
Earnings: Earnings beat. SPGI reported adjusted earnings per share (EPS) of $1.62 in the first-quarter 2017, which beat the Zacks Consensus Estimate called for EPS of $1.40.
S&P Global Inc. Price and EPS Surprise
S&P Global Inc. Price and EPS Surprise | S&P Global Inc. Quote
Revenues: Revenues beat. SPGI posted net sales of $1,453 million during the quarter, above the Zacks Consensus Estimate of $ 1,388 million.
Key Stats to Note: Concurrent with the earnings release, the company hiked its full-year 2017 revenue guidance, from flat to low single-digit growth. Also, it has raised its guidance for adjusted EPS to $6.00 to $6.20 from the earlier $5.90 to $6.15.
Stock Price: SPGI shares were inactive following the release. It would be interesting to see how the market reacts to the results during the trading session today.
Check back later for our full write up on S&P Global’s earnings report!
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>