These Analysts Increase Their Forecasts On S&P Global Following Better-Than-Expected Earnings
Portfolio Pulse from Avi Kapoor
S&P Global Inc. (NYSE:SPGI) reported better-than-expected Q2 earnings and raised its FY24 guidance. The company posted an adjusted EPS of $4.04, beating the $3.65 estimate, and quarterly sales of $3.55 billion, surpassing the $3.42 billion estimate. Following the earnings announcement, several analysts raised their price targets for SPGI.
July 31, 2024 | 6:43 pm
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S&P Global reported strong Q2 earnings, beating both EPS and revenue estimates. The company also raised its FY24 guidance, leading several analysts to increase their price targets.
S&P Global's better-than-expected earnings and raised guidance indicate strong performance and future growth potential. The positive analyst reactions and increased price targets suggest a bullish outlook for the stock in the short term.
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RELEVANCE 100