S&P Global Raises FY24 Revenue Outlook To 8.0%-10.0% (Prior 6.0%-8.0%) Vs $13.55B Est, Adj EPS Of $14.35-$14.60 (Prior $13.85-$14.10) Vs $14.33 Est
Portfolio Pulse from Benzinga Newsdesk
S&P Global has raised its FY24 revenue outlook to 8.0%-10.0%, up from the previous 6.0%-8.0%, against an estimated $13.55 billion. The adjusted EPS is projected to be between $14.35 and $14.60, compared to an estimated $14.33.
July 30, 2024 | 11:18 am
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S&P Global has increased its FY24 revenue outlook to 8.0%-10.0% from the previous 6.0%-8.0%, surpassing the estimated $13.55 billion. The adjusted EPS is now expected to be between $14.35 and $14.60, higher than the estimated $14.33.
The increase in revenue outlook and adjusted EPS projections above estimates is a positive indicator for S&P Global's financial health, likely leading to a short-term increase in stock price.
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IMPORTANCE 90
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