S&P Global Reports Q2 Profit Rise, Raises 2025 Earnings Forecast
S&P Global Reports Q2 Profit Rise, Raises 2025 Earnings Forecast

S&P Global Reports Q2 Profit Rise, Raises 2025 Earnings Forecast

News summary

S&P Global reported strong second-quarter earnings, beating Wall Street estimates with an adjusted profit of $1.36 billion, or $4.43 per share, up from $4.04 per share a year earlier, driven by robust demand for its data and analytics products. Revenue rose approximately 6% to $3.76 billion, supported by its Market Intelligence and S&P Dow Jones Indices segments. The company raised its annual profit forecast to a range of $17.00 to $17.25 per share, narrowing its guidance while boosting revenue growth expectations to 5% to 7%. Despite the earnings beat, S&P Global lowered its full-year earnings view slightly but remains on track with strategic plans, including the separation of its Mobility division, with Bill Eager named CEO designate for that unit. Market sentiment remains positive, with analysts generally recommending the stock as an outperform and projecting share price upside based on its strong operational performance and strategic initiatives. S&P Global's shares have gained over 6% year-to-date, reflecting investor confidence amid volatile market conditions.

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