S&P Global Q1 adjusted EPS beats, helped by margin expansion and share repurchases

S&P Global

28/04/2026 12:22

Overview

Financial data provider's Q1 revenue rose 10%, beating analyst expectations

Adjusted EPS for Q1 rose 14%, beating consensus

Company repurchased $1 bln in shares and updated 2026 revenue growth guidance

Outlook

S&P Global now expects 2026 reported revenue growth of 6.3% to 8.3%

Company maintains 2026 organic constant currency revenue growth guidance of 6.0% to 8.0%

S&P Global expects 2026 adjusted diluted EPS of $19.40 to $19.65

Result Drivers

DIVISIONAL GROWTH - Co said strong growth in Ratings, Indices, and Market Intelligence divisions drove higher revenue and net income

MARGIN EXPANSION - Margin improvement across all divisions contributed to higher operating profit and EPS

SHARE REPURCHASES - EPS benefited from a 3% reduction in diluted shares outstanding due to $1 bln in share repurchases

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$4.17 bln
$4.07 bln (18 Analysts)
Q1 Adjusted EPS
Beat
$4.97
$4.81 (21 Analysts)
Q1 EPS
$4.69
Q1 Adjusted Net Income
$1.48 bln
Q1 Net Income
$1.40 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 26 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the professional information services peer group is "buy"

Wall Street's median 12-month price target for S&P Global Inc is $543.50, about 24.3% above its April 27 closing price of $437.22

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 26 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)