SPGI Earnings Prediction
The chart below shows how SPGI performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SPGI sees a -1.24% change in stock price 10 days leading up to the earnings, and a +2.04% change 10 days following the report. On the earnings day itself, the stock moves by +0.84%. This data can give you a slight idea of what to expect for the next quarter's release.
SPGI Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
3.59B
13.96%
0.48%
Gross Margin
60.63%
4.43%
-1.92%
Operating Margin
38.31%
8.31%
-4.96%
Net Margin
26.92%
31.77%
-8.09%
EPS
2.85
55.74%
-8.65%
No Data Available
SPGI Earnings Analysis
S&P Global Inc Corporation (SPGI.N) Earnings Conference Call
Positive
EPS Growth Exceeds Guidance: S&P Global reported a 25% growth in adjusted EPS for 2024, exceeding the midpoint of initial guidance by over 13%.
Revenue Increase Overview: Total revenue increased by 15% in 2024, excluding the impact of divested Engineering Solutions, with subscription product revenue growing by 7%.
Shareholder Return Strategy: The company returned $4.4 billion to shareholders in 2024 through dividends and share repurchases, maintaining a target of returning 85% or more of expected adjusted free cash flow in 2025.
Energy Transition Revenue Growth: Energy transition and sustainability revenue grew by 23% to $104 million in Q4 2024, driven by strong performance in Commodity Insights offerings.
Vitality Index Revenue Growth: S&P Global's Vitality Index reached $1.5 billion, representing nearly 11% of total revenue, with a steady stream of innovative offerings expected to replace maturing products.
Negative
Market Intelligence Revenue Slowdown: Market Intelligence revenue growth was only 5% in Q4 2024, indicating a slowdown compared to previous quarters, with cancellations early in the year impacting overall performance.
Operating Margin Decline: Operating margin for Market Intelligence decreased by 160 basis points to 32.6% in Q4 2024, reflecting increased expenses primarily due to elevated incentive compensation.
Rising Adjusted Expenses: Adjusted expenses increased by 9% in Q4 2024, driven by ongoing investments and increased incentive compensation, which negatively impacted overall profitability.
Revenue Decline Concerns: The Vitality Index saw a significant drop in revenue contribution from maturing products, with $330 million in revenue maturing out in 2023, representing nearly 25% of the total index, raising concerns about future revenue replacement.
2025 Billed Issuance Outlook: Guidance for 2025 indicates low single-digit growth in billed issuance, a significant deceleration from the record high levels seen in 2024, suggesting potential challenges ahead.
SPGI FAQs
How does SPGI typically perform around its earnings report dates?
Is S&P Global Inc (SPGI) Q4 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SPGI Earning Call Sentiment
S&P Global Inc. (NYSE:SPGI) Q4 2024 Earnings Call Transcript
SPGI.N
-0.26%Positive
The earnings call highlights strong financial performance with a 25% YoY EPS increase and revenue growth, alongside optimistic guidance for 2024. The company also announced a significant share repurchase plan and dividend increase, indicating confidence in future performance. While there are challenges in the financial services market, the overall sentiment is positive, supported by strong demand in key areas and strategic initiatives. The Q&A session did not reveal major concerns, and the company's focus on portfolio optimization and strategic growth initiatives further supports a positive outlook.
