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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| S&P Global Inc | NYSE:SPGI | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.52 | 0.13% | 415.83 | 417.35 | 410.48 | 413.90 | 2,004,275 | 00:44:46 |
From Nov 2023 to May 2024
By Will Feuer
S&P Global posted higher sales and earnings for the third quarter, lifted by strength across the data-and-analytics company.
The New York-based credit-ratings and data provider reported a profit of $742 million, or $2.33 a share, up from $608 million, or $1.84 a share, in the same quarter a year ago.
Stripping out one-time items, adjusted earnings were $3.21 a share. Analysts surveyed by FactSet expected adjusted earnings of $3.04 a share.
Sales rose 8% to $3.08 billion. Analysts surveyed by FactSet expected $3.03 billion.
Sales rose across all of the company's businesses, excluding its engineering-solutions business, which it has agreed to sell for $975 million to private-equity buyers. S&P Global's ratings business recorded a 20% rise in sales and its market-intelligence unit posted an 8% increase in sales.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
November 02, 2023 08:00 ET (12:00 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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