Key Takeaways
- S&P Global (SPGI) surpassed earnings expectations for the quarter, reporting $4.73 per share against a consensus of $4.40.
- The company also exceeded revenue forecasts, posting $3.89 billion compared to an expected $3.85 billion.
- SPGI has a consistent track record, beating earnings and revenue estimates in each of the last four quarters.
- Despite strong performance, SPGI shares have lagged the broader S&P 500 index year-to-date.
- The company currently holds a Zacks Rank #3 (Hold), suggesting a performance in line with the market.
S&P Global’s Quarterly Performance Update
S&P Global (SPGI) recently announced its quarterly earnings, reporting earnings of $4.73 per share. This figure comfortably beat the Zacks Consensus Estimate of $4.40 per share. When compared to the previous year’s earnings of $3.89 per share, this represents significant year-over-year growth. These reported figures have been adjusted for non-recurring items.
💡 This quarterly report signifies an earnings surprise of +7.50%. In the prior quarter, S&P Global exceeded expectations of $4.25 per share, delivering $4.43 per share, which was a surprise of +4.24%.
📊 Over the last four quarters, S&P Global has demonstrated a consistent ability to surpass consensus Earnings Per Share (EPS) estimates, achieving this milestone in each of those periods.
The company’s revenue for the quarter ending in September 2025 also came in strong, totaling $3.89 billion. This figure surpassed the Zacks Consensus Estimate by 1.39%. This represents an increase from the $3.58 billion in revenues reported in the same quarter last year. Similar to its earnings performance, S&P Global has topped consensus revenue estimates in four consecutive quarters.
📍 The immediate impact of these financial results on the stock’s price movement, as well as its future earnings trajectory, will largely depend on the commentary provided by S&P Global’s management during their upcoming earnings call.
Company Stock Performance and Future Outlook
Despite the positive financial results, S&P Global shares have experienced a decline of approximately 5% since the beginning of the year. This performance contrasts with the broader S&P 500 index, which has seen a gain of 17.2% over the same period.
The key question for investors is what lies ahead for S&P Global stock. While there isn’t a straightforward answer, the company’s earnings outlook often serves as a reliable indicator for investors. This includes not only current consensus earnings expectations for upcoming quarters but also how these expectations have been revised recently.
⚡ Empirical research suggests a strong correlation between short-term stock price movements and trends in earnings estimate revisions. Investors can monitor these revisions directly or utilize tools like the Zacks Rank, which leverages the power of earnings estimate revisions and has a notable track record.
⚡ Leading up to its recent earnings release, the trend of estimate revisions for S&P Global was mixed. While the just-released earnings report may influence the magnitude and direction of future estimate revisions, the current status results in a Zacks Rank #3 (Hold) for the stock. This rating indicates that the shares are expected to perform in line with the broader market in the near term.
It will be noteworthy to observe how estimates for the upcoming quarters and the current fiscal year evolve in the coming days. The current consensus EPS estimate stands at $4.12, with projected revenues of $3.8 billion for the next quarter. For the current fiscal year, the consensus EPS estimate is $17.29 on revenues of $15.16 billion.
Industry Context and Peer Performance
Investors should also consider the impact of the industry’s outlook on stock performance. S&P Global operates within the Securities and Exchanges industry, which is currently ranked in the top 18% of over 250 Zacks industries. Research indicates that industries in the top 50% of the Zacks ranking tend to outperform those in the bottom 50% by a significant margin, more than double.
Within the same industry, CBOE Global (CBOE) is another company yet to report its results for the quarter ending September 2025, with an expected release date of October 31.
📍 The holding company for the Chicago Board Options Exchange is projected to report quarterly earnings of $2.47 per share, marking an anticipated year-over-year increase of +11.3%. The consensus EPS estimate for CBOE has seen a positive revision of 2.6% over the past 30 days.
📊 CBOE Global’s revenues are anticipated to reach $579.03 million, reflecting an 8.8% increase compared to the same quarter last year.
Expert Summary
S&P Global’s recent quarterly report indicates robust performance, with both earnings and revenues exceeding analyst expectations. The company has consistently delivered positive surprises over the past year, highlighting operational strength.
However, the stock’s year-to-date performance has lagged the broader market, and its current Zacks Rank of #3 (Hold) suggests a near-term outlook aligned with market trends. Investors will closely monitor management’s commentary and future earnings estimate revisions for further insights.