secwatch.observer — SEC 8-K summary
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Issuer:     S&P Global Inc. (SPGI)
CIK:        0000064040
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000064040-23-000055
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

S&P Global Q4 GAAP EPS $1.33, adj. EPS $2.54; guides FY23 adj. EPS $12.35-$12.55
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- Q4 GAAP net income $433M ($1.33 EPS) down 36% YoY; adjusted EPS $2.54 down 5% from pro forma.
- Full-year 2022 GAAP revenue $11.18B (+35% reported); adjusted revenue down 4% pro forma; adj. EPS $11.19 down 4%.
- Ratings transaction revenue fell 51% in Q4 on lower issuance; adjusted operating margin 48.0%, down 910 bps.
- Completed $12B ASR in 2022; Board authorized up to $3.3B in 2023 share repurchases; Q1 dividend $0.90/share.
- Engineering Solutions divestiture to KKR for ~$975M (~$750M after-tax) expected to close by Q2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/64040/000006404023000055/0000064040-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/64040/000006404023000055/spgi-20230209.htm
  HTML page:      https://secwatch.observer/filing/0000064040-23-000055

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