S&P Global Q3 adj revenue down 8%, adj EPS down 4% vs pro forma; lowers 2022 guidance

S&P Global Inc.

2022-Q3 EPS reported $8.91 revenue$8,244,000,000

GAAP revenue $2.86B (+37% YoY); GAAP diluted EPS $1.84 (-44% YoY). Adjusted diluted EPS $2.93 (-4% vs pro forma).
Ratings transaction revenue fell 56% to $244M due to sharp decline in debt issuance.
Adjusted operating margin 46.0%, down 200 bps vs pro forma; Market Intelligence adj margin up 260 bps.
Updated 2022 guidance: GAAP diluted EPS $9.75-9.90, adj diluted EPS $11.00-11.15, adj revenue decline mid-single digits.
Returned $11.7B YTD ($11B ASR, $749M dividends); on track to complete $12B ASR by year-end; Investor Day Dec 1.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

S&P Global Inc. reported third quarter ended September 30, 2022 results: revenue reported revenue of $2.86 billion, net income GAAP net income decreased 24% to $608 million, EPS GAAP diluted earnings per share decreased 44% to $1.84.

Period: third quarter ended September 30, 2022
Revenue: reported revenue of $2.86 billion
Net income: GAAP net income decreased 24% to $608 million
EPS: GAAP diluted earnings per share decreased 44% to $1.84
Result: reported results

Exact text from the filing

at Investor Day on December 1, 2022 in New York City New York, NY, October 27, 2022 – S&P Global (NYSE: SPGI) today reported third quarter 2022 results with reported revenue of $2.86 billion, an increase of 37% compared to the same period last year, primarily due to the inclusion of IHS Markit businesses, partially offset by declines in Ratings revenue. Continued

View on SEC.gov

168 earnings releases filed in the last 30 days. Browse all earnings releases →

S&P Global Inc. filing history →

Source: SEC EDGAR

accession 0000064040-22-000166

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.