earnings
confidence high
sentiment positive
materiality 0.70
S&P Global Q3 adjusted EPS $3.21, +10% YoY; raises 2023 guidance
S&P Global Inc.
2023-Q3 EPS reported
$6.40
revenue$9,345,000,000
- Revenue up 8%; adjusted revenue ex-ES up 11%. Sustainability/Energy Transition revenue up 36% YoY.
- GAAP operating margin 34.8% (+5pp); adjusted margin 47% (+100bps).
- GAAP diluted EPS $2.33 (+27% YoY); adjusted diluted EPS $3.21 (+10% YoY).
- Raises 2023 GAAP EPS guidance to $8.75-$8.90 (prev $8.65-$8.85) and adjusted EPS to $12.50-$12.60 (prev $12.35-$12.55).
- Completed $500M ASR; additional $1.3B ASR to be launched in coming weeks.