S&P Global Inc

NYSE:SPGI   3:59:59 PM EDT
-1.07 (-0.28%)
Share Repurchases, Other Pre-Announcement

S&P Global Posts Quarterly Diluted EPS $2.86

Published: 08/02/2022 11:41 GMT
S&P Global Inc (SPGI) - S&p Global Demonstrates Resilience in Second Quarter Results.company is Reintroducing GAAP Guidance and Non-GAAP Pro Forma Adjusted Guidance.
On Track to Achieve Merger-related Synergies.
Qtrly Diluted EPS Decreased 13% to $2.86.
Qtrly Adjusted Diluted EPS Decreased 7% to $2.81.
Has Repurchased $8.5b in Shares Ytd; on Track to Complete $12b Asr by Year-end.
Qtrly Reported Revenue of $2.99 Billion, an Increase of 42%.
Qtrly Ratings Reported Revenue Decreased 26% to $796 Million in Q2 of 2022.
S&p Global - FY GAAP Diluted EPS is Expected to Be in a Range of $10.20 to $10.40.
Qtrly Ratings Transaction Revenue Negatively Impacted by Decrease in Debt Issuance Across All Categories.
Qtrly Ratings Non-transaction Revenue Down 1% Due Primarily to Lower Issuer Credit Rating Revenue and Unfavorable Fx.
FY Non-GAAP Pro Forma Adjusted Diluted EPS is Expected in Range of $11.35 to $11.55.
FY Non-GAAP Pro Forma Adjusted Revenue is Now Expected to Decline Low to Mid-single Digits.
Currency Did Not Have a Material Impact on Qtrly Adjusted Eps.
FY Non-GAAP Pro Forma Adjusted Free Cash Flow Excluding Certain Items is Expected in Range of $4.1 Billion to $4.2 Billion.
Qtrly Revenue Increased Primarily Due to Inclusion of Ihs Markit Businesses, Partially Offset by Declines in Ratings Revenue.
Sees 2022 Reported Revenue is Expected to Increase More Than 30%.
Q2 Earnings per Share View $2.94, Revenue View $3.00 Billion -- Refinitiv Ibes Data (analyst estimates).