S&P Global Reiterates FY23 Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Thursday, data giant S&P Global, Inc. (SPGI) reiterated its earnings, adjusted pro forma earnings and adjusted pro forma revenue growth guidance for the full-year 2023.
For fiscal 2023, the company now projects earnings in a range of $8.65 to $8.85 per share and adjusted pro forma earnings in a range of $12.35 to $12.55 per share on revenue growth of 10 to 12 percent and adjusted pro forma revenue growth of 4 to 6 percent.
On average, 22 analysts polled by Thomson Reuters expect the company to report earnings of $12.58 per share on revenues of $12.40 billion for the year. Analysts' estimates typically exclude special items.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
read more
SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures
The U.S. Securities and Exchange Commission has fined six major credit rating organizations a total of $49 million for significant failures to maintain and preserve electronic communications. Admitting the facts in their respective SEC orders, Moody's Investor Service Inc. and S&P Global Ratings agreed to pay a $20 million civil penalty each. Further, Fitch Ratings Inc. agreed to pay $8 million...
RTTNews
|
127 days ago
S&P Global Boosts FY24 Outlook - Update
While reporting financial results for the first quarter on Thursday, data giant S&P Global, Inc. (SPGI) raised its earnings, adjusted earnings and revenue growth guidance for the full-year 2024.
RTTNews
|
259 days ago
Asian Markets Mixed Amid Cautious Trades
Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.
RTTNews
|
5h 9min ago
Australian Market Maintains Early Losses In Mid-market
The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.
RTTNews
|
5h 43min ago
Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates
Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.
RTTNews
|
5h 54min ago
Japanese Market Notably Lower
Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.
RTTNews
|
6h 3min ago
Australian Market Notably Lower
The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.
RTTNews
|
6h 26min ago
Higher Open Called For Thai Stock Market
The Thai stock market has moved lower in consecutive trading days, surrendering almost 30 points or 2.2 percent along the way. The Stock Exchange of Thailand now sits just above the 1,360-point plateau although it nay see bargain hunting on Friday.
RTTNews
|
6h 30min ago
