- S&P Global reported a 3Q revenue of $3.08 billion, beating the estimated $3.03 billion.
- The company’s ratings revenue came in at $819 million, surpassing the projected $815.2 million.
- Ratings non-transaction revenue was $493 million, higher than the estimated $461.6 million.
- Market Intelligence Adjusted Revenue reached $1.10 billion, slightly above the estimated $1.09 billion.
- However, Market Intelligence subscription Adjusted Revenue was slightly below the estimate, coming in at $932 million against the estimated $938.6 million.
- Indices revenue was reported at $354 million, almost in line with the estimated $354.3 million.
- Indices subscription Adjusted Revenue was $70 million, which was lower than the estimated $71.7 million.
- Currently, S&P Global has 23 buys, 3 holds, and 0 sells in its portfolio.
S&P Global on Smartkarma
S&P Global, a global financial behemoth, has recently been the subject of research by Baptista Research. In their report, titled “S&P Global Inc: Initiation of Coverage – Business Strategy”, the analysts noted the company’s 7% revenue growth in the second quarter, excluding the impact of Engineering Solutions. They also highlighted the introduction of S&P Global’s AI assistant, ChatIQ, for internal testing within Capital IQ Pro Labs.
The research report from Baptista Research gives a bullish outlook for S&P Global, citing the company’s strong performance and innovation. This is the first report from Baptista Research on S&P Global, and it provides investors with an in-depth look at the company’s business strategy.
A look at S&P Global Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
S&P Global Inc. is a financial information services company that provides ratings, benchmarks, and analytics in the global capital and commodity markets. According to the Smartkarma Smart Scores, S&P Global has a positive outlook for the long-term. With a score of 3 in Value, Growth, Resilience and Momentum, investors should feel confident in the company’s ability to produce the desired returns. However, the company did not score well in Dividend, with a score of 1. Despite this, the company is well-positioned to continue to deliver strong financial performance in the long-term.
S&P Global operates in more than 20 countries worldwide. The company’s global reach and expertise make it well-equipped to weather market turbulence and capitalize on opportunities. The company’s strong market presence and ability to provide reliable financial information services make it an attractive option for investors looking for long-term returns.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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