S&P GLOBAL $SPGI Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $3.7B; +7% YoY
🔹 Adj. EPS: $4.58 (Est. $4.43) 🟢; +9% YoY
🔹 Adjusted Operating Margin: 53.5%; +60 bps YoY
🔹 GAAP Operating Margin: 53.2%; +800 bps YoY
FY26 Guide:
🔹 Adj. EPS: $17.70-$17.95 (Est. $17.89) 🟡; from $17.50-$17.75
🔹 Revenue Growth: +7.4% to +8.4%; from +5.9% to +7.9%
🔹 Organic CC Revenue Growth: +7.5% to +8.5%; from +6.0% to +8.0%
🔹 GAAP EPS: $16.25-$16.50; from $16.35-$16.60
🔹 GAAP Margin Expansion: 310-335 bps; from 335-360 bps
Segment Net Revenue:
🔹 Ratings: $1.3B; +2% YoY
🔹 Indices: $554M; +20% YoY
🔹 Energy: $645M; +6% YoY
🔹 Market Intelligence: $1.3B; +7% YoY
Other Q3 Metrics:
🔹 Organic CC Revenue Growth: +7%
🔹 Share Repurchases: $2.6B
Capital Return:
🔹 Dividend: $0.97/share
Announcements:
🔹 Strategic Review: Capital IQ and associated data businesses
Comments:
🔸 “Increasing demand for our benchmarks and unique intellectual property demonstrates our leadership in credit, equity, and commodities markets.”
🔸 “The businesses that are part of the strategic review are strong and have significant opportunities ahead of them as technology changes how customers access, analyze, and use information.”
显示更多