S&P Global Q2 Adj EPS $3.12 Misses $3.14 Estimate, Sales $3.10B Beat $3.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
S&P Global reported Q2 adjusted earnings of $3.12 per share, missing the analyst consensus estimate of $3.14 by 0.64 percent. However, the company's quarterly sales of $3.10 billion beat the analyst consensus estimate of $3.06 billion by 1.34 percent.
July 27, 2023 | 11:19 am
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NEUTRAL IMPACT
S&P Global's Q2 earnings missed estimates but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
S&P Global's earnings miss could negatively impact the stock price, but the sales beat could offset this. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100