S&P Global (SPGI) demonstrated strong performance in the Q1 2024 with its earnings beating estimates, and raising its guidance for the year. Despite slight underperformance compared to its rivals, its strategic advancements, including the acquisition of Visible Alpha that amplifies its investment research capabilities, have contributed to a 22% rise in the past year. S&P Global's generative AI search, launched on its marketplace, redefines financial AI benchmarking. Its collaborative project with DTCC on T+1 offering showcases its innovative capacity. The growth-oriented company's profit for the first quarter surpassed estimates due to a strong product demand. SPGI also expects growth in earnings and looks set to thrive on its acquisitions. Its new product, Power Evaluator, designed to deliver unparalleled insights into the energy market, is another significant strategic addition. Its recently produced assessment of the future of Global Supply Chains, part of the Look Forward Research Series, provides industry-shaping insights. On a less positive note, the firm's Q4 earnings fell short of estimates, although they still rose year on year. S&P Global maintains to be a growth-friendly investment.
SP Global SPGI News Analytics from Thu, 27 Jul 2023 07:00:00 GMT to Thu, 23 May 2024 13:49:55 GMT -
Rating 7
- Innovation 8
- Information 8
- Rumor 5
