25.04.2024 13:57:30 - dpa-AFX: ROUNDUP: S&P Global Boosts FY24 Outlook

WASHINGTON (dpa-AFX) - While reporting financial results for the first
quarter on Thursday, data giant S&P Global, Inc. (SPGI) raised its earnings,
adjusted earnings and revenue growth guidance for the full-year 2024.

For fiscal 2024, the company now projects earnings in a range of $10.80 to
$11.05 per share and adjusted earnings in a range of $13.85 to $14.10 per share
on revenue growth of 6 to 8 percent.

Previously, the company expected earnings in a range of $10.70 to $10.95 per
share and adjusted earnings in a range of $13.75 to $14.00 per share on revenue
growth of 5.5 to 7.5 percent.

On average, 21 analysts polled by Thomson Reuters expect the company to report
earnings of $14.11 per share on revenue growth of 7.5 percent to $13.43 billion
for the year. Analysts' estimates typically exclude special items.

For the full year 2024, the Company expects to return approximately 85% of
adjusted free cash flow to shareholders through dividends and share repurchases.

The Board of Directors has also authorized a quarterly cash dividend of $0.91.
The Company expects to execute additional share repurchases totaling
approximately $1.3 billion through the third quarter of 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
S+P GLOBAL INC. DL 1 A2AHZ7 Frankfurt 402,800 13.05.24 08:00:17 -1,800 -0,44% 0,000 0,000 402,800 404,600

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH