S&P Global (SPGI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for S&P Global, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - The upcoming earnings report is expected to show quarterly earnings of $3.41 per share, reflecting a +9% year-over-year change, and revenues of $3.48 billion, which is a 10.3% increase from the previous year [3]. - The consensus EPS estimate has been revised 0.34% higher in the last 30 days, indicating a positive reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.32%, indicating a likelihood of beating the consensus EPS estimate [10][11]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [8]. Historical Performance - In the last reported quarter, S&P Global exceeded the expected earnings of $3.64 per share by delivering $3.89, resulting in a surprise of +6.87% [12]. - Over the past four quarters, S&P Global has beaten consensus EPS estimates three times [13]. Conclusion - S&P Global is positioned as a compelling earnings-beat candidate, but investors should consider other factors beyond earnings results when making investment decisions [16].