Why S&P Global Stock Is Up Today
S&P Global (NYSE: SPGI) easily surpassed expectations for the fourth quarter and provided a better-than-expected outlook for 2025. Investors are cheering the results, sending shares of the financial data company up more than 3% as of 2 p.m. ET.
S&P Global provides credit ratings, financial data, and indexes, including the benchmark S&P 500 (SNPINDEX: ^GSPC). The company earned $3.77 per share in the fourth quarter on revenue of $3.59 billion, surpassing Wall Street's expectations for $3.47 per share in earnings on sales of $3.5 billion.
All the company's segments reported growth in 2024, and S&P's operating margin in the quarter improved by 830 basis points to 36.5%.
Source Fool.com
