S&P Global SPGI reported its Q2 earnings results on Tuesday, August 2, 2022 at 07:15 AM.
Here's what investors need to know about the announcement.
Earnings
S&P Global missed estimated earnings by 4.75%, reporting an EPS of $2.81 versus an estimate of $2.95.
Revenue was up $887.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 1.3% increase in the share price the next day.
Here's a look at S&P Global's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 2.98 | 3.13 | 3.15 | 3.24 |
EPS Actual | 2.89 | 3.15 | 3.54 | 3.62 |
Revenue Estimate | 2.90B | 2.05B | 1.98B | 1.99B |
Revenue Actual | 2.39B | 2.09B | 2.09B | 2.11B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
S&P Global management provided guidance for FY 2022, expecting earnings between $11.35 and $11.55 per share.
To track all earnings releases for S&P Global visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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