Earnings Alerts

S&P Global (SPGI) Earnings: Q2 Results Surpass Expectations with Revenue and EPS Boost

  • S&P Global has increased its full-year revenue growth forecast to between 5% and 7%, up from the previous estimate of 4% to 6%.
  • The company anticipates adjusted earnings per share (EPS) for the full year to be between $17.00 and $17.25.
  • For the second quarter, adjusted EPS was $4.43, higher than estimates.
  • S&P Global’s total revenue for the second quarter was $3.76 billion, surpassing the estimate of $3.68 billion.
  • Ratings revenue achieved $1.15 billion, exceeding the projected $1.09 billion.
  • Ratings non-transaction revenue stood at $551 million, while non-subscription revenue was $597 million.
  • Market Intelligence adjusted revenue reached $1.22 billion, slightly above the estimate of $1.21 billion.
  • Within Market Intelligence, subscription adjusted revenue was $1.02 billion, and non-subscription adjusted revenue totaled $42 million.
  • Indices revenue amounted to $446 million, beating the estimate of $434.5 million.
  • Indices subscription adjusted revenue came in at $80 million, surpassing the expected $78.3 million.
  • Analyst recommendations for S&P Global include 25 buys, 5 holds, and no sells.

S&P Global on Smartkarma

Analysts at Smartkarma, including Baptista Research and Richard Howe, have been providing bullish coverage on S&P Global. Baptista Research highlighted 7 major game-changers impacting the company’s performance beyond 2025. S&P Global presented a strong first quarter in 2025 with revenue growth across all divisions and increased margins. Meanwhile, Richard Howe noted S&P Global’s plan to spin off its Mobility division into a separate entity to focus on core businesses like Market Intelligence and Ratings, aiming to enhance operational efficiency.

In another report by Baptista Research, the emphasis was on how data, indexes, and AI are shaping S&P Global’s future. The company’s robust 2024 performance, marked by revenue growth and improved profitability metrics, showcases a positive trajectory. With a 15% revenue increase and growth in subscription products, S&P Global continues to demonstrate a strong foundation for sustainable growth and innovation.


A look at S&P Global Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth3
Resilience4
Momentum4
OVERALL SMART SCORE3.0

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

Smartkarma’s Smart Scores provide insights into the long-term outlook for S&P Global, a company that offers financial information services globally. With a Value score of 2 and a Dividend score of 2, S&P Global may not be considered a top performer in these areas. However, its Growth score of 3 indicates some positive future prospects for expansion. More impressively, the company scores high in Resilience and Momentum, with scores of 4 in both categories. This suggests that S&P Global is well-positioned to withstand market challenges and maintain its upward trajectory.

Overall, S&P Global’s Smart Scores paint a promising picture for the company’s future. While there may be some room for improvement in value and dividend aspects, its strong showing in growth, resilience, and momentum bodes well for its long-term success in the global financial information services sector.


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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