S&P Global SPGI is preparing to release its quarterly earnings on Thursday, 2024-10-24. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect S&P Global to report an earnings per share (EPS) of $3.64.
The announcement from S&P Global is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.50, leading to a 0.77% drop in the share price the following trading session.
Here's a look at S&P Global's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 3.54 | 3.66 | 3.15 | 3.05 |
| EPS Actual | 4.04 | 4.01 | 3.13 | 3.21 |
| Price Change % | -1.0% | 0.0% | 0.0% | 2.0% |
Market Performance of S&P Global's Stock
Shares of S&P Global were trading at $513.52 as of October 22. Over the last 52-week period, shares are up 46.84%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.
To track all earnings releases for S&P Global visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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