S&P Global Reports Second Quarter Results

• Reported revenue increased 4%; Adjusted revenue, excluding Engineering Solutions, increased 7%. Vitality revenue from new or enhanced products contributed 11% of reported revenue in Q2.
• GAAP EPS decreased 44% due to gains on divestitures in Q2 2022, and adjusted diluted EPS increased 11% year over year.
• The Company is reiterating its 2023 consolidated guidance for revenue growth, operating margin, EPS, and Free Cash Flow.
• Previously announced $1 billion ASR to be completed and additional $500 million ASR to be launched in the coming weeks.
• Divestiture of Engineering Solutions closed on May 2, 2023.

“We are pleased to deliver revenue growth in the second quarter, and we anticipate further revenue growth through the remainder of the year.

We remain focused on creating customer value through the strength of our global brands, disciplined execution, and innovative use of our proprietary and differentiated data sets and benchmarks. With the current rapid pace of technological advancement, particularly in the area of Artificial Intelligence, we have never been more excited about the potential for powerful new solutions and tools that S&P Global will soon be able to bring to our customers.” Douglas Peterson President and CEO
details at: https://s29.q4cdn.com/690959130/files/doc_financials/2023/q2/S-P-Global-2Q-2023-Earnings-Release-Exhibits-7-27-2023e.pdf

Back To Top
×Close search