Shares of S&P Global SPGI rose 0.5% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share rose 7.11% year over year to $2.71, which beat the estimate of $2.51.
Revenue of $1,867,000,000 up by 7.61% year over year, which beat the estimate of $1,760,000,000.
Guidance
S&P Global hasn't issued any earnings guidance for the time being.
S&P Global hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Feb 09, 2021
Time: 08:30 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/spgi/mediaframe/43085/indexr.html
Technicals
52-week high: $379.87
Company's 52-week low was at $186.06
Price action over last quarter: Up 0.06%
Company Overview
S&P Global provides data and benchmarks to capital and commodity market participants. S&P Ratings, which comprises over 40% of the firm's revenue and over 50% of the firm's operating income, is the largest credit ratings agency in the world. The firm's other segments include Market Intelligence, Indices, and Platts. Market Intelligence provides desktop tools and other data solutions to investment banks, corporations, and other entities. Indices provides benchmarks for financial markets and is monetized through subscriptions, asset-based fees, and transaction-based royalties. Platts provides benchmarks to commodity markets, principally petroleum.
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