S&P Global Reiterates FY23 Outlook - Update

RTTNews | 532 dagar sedan
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.

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SEC Fines Moody's, S&P, Other Credit Rating Agencies Over Recordkeeping Failures

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...
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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.
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Australian Market Notably Lower

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.
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Mild Upside Seen For Indonesia Stock Market

Mild Upside Seen For Indonesia Stock Market

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Hong Kong Stock Market May Stop The Bleeding On Friday

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The Hong Kong stock market has finished lower in four straight sessions, retreating more than 520 points or 2.8 percent along the way. The Hang Seng Index now sits just above the 19,240-point plateau although it's due for support on Friday.
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