S&P Global Reports Third Quarter Results

  • Reported revenue increased 8%; Adjusted revenue, excluding Engineering Solutions (ES), increased 11%.
  • GAAP diluted EPS increased 27%, and adjusted diluted EPS increased 10% year over year.
  • Revenue from Sustainability and Energy Transition products accelerated to 36% year-over-year growth excluding ES. Vitality revenue, which is revenue from new or enhanced products, increased 22% (ex-ES) and contributed 12% of reported revenue in Q3.
  • Guidance raised for both GAAP diluted EPS and adjusted diluted EPS to reflect better-thanexpected performance year to date.
  • Previously announced $500 million ASR has been completed and an additional $1.3 billion ASR to be launched in the coming weeks.

“Our third-quarter results clearly demonstrate our ability to adapt to rapidly evolving market conditions and consistently deliver excellent results. Revenue growth accelerated in every division. We continue to invest in innovation, as evidenced by the multiple product launches in the third quarter, and we continue to demonstrate the disciplined execution on expenses that our shareholders have come to expect. We are very pleased with the results this quarter, and look forward to a strong finish to 2023.” Douglas Peterson President and CEO
details at: https://s29.q4cdn.com/690959130/files/doc_financials/2023/q3/11/S-P-Global-3Q-2023-Earnings-Release-Exhibits-11-2-2023.pdf

Related Posts

REI Co-op to open new store in Pigeon Forge, Tennessee on September 4

REI Co-op will open its new store in Pigeon Forge, Tennessee on September 4 for limited in-store shopping, offering a wide assortment of quality outdoor gear for hiking, camping, climbing and more. Designed to be a gateway to outdoor adventures in Great Smoky Mountains National Park, REI Pigeon Forge will feature the co-op’s newest retail format offering a variety of gear rentals, zero contact bike shop services for maintenance and repairs and Buy Online Pickup In Store capabilities. The new 21,500-square-foot store was originally scheduled to open in the spring but was delayed due to the coronavirus pandemic. REI Pigeon Forge marks the co-op’s fifth location in the state and will serve the co-op’s nearly 250,000 lifetime members in Tennessee and the millions of visitors that adventure in the region every year.

USPS Reports Strong Service Performance Beginning Fiscal First Quarter

FY2023 first quarter service performance scores covering October 1 through October 7 included: *First-Class Mail: 93.2 percent of First-Class Mail delivered on time against the USPS service standard, consistent with performance from the fiscal fourth quarter. *Marketing Mail: 95.4 percent of Marketing Mail delivered on time against the USPS service standard, an increase of .7 percentage points from the fiscal fourth quarter. *Periodicals: 88.1 percent of Periodicals delivered on time against the USPS service standard, an improvement of 1.1 percentage points from the fiscal fourth quarter.

Jim Fetherston Named President of Book Manufacturers’ Institute

The Book Manufacturers’ Institute (BMI) held its Annual Conference Nov. 5-7, 2017 at Turnberry Isle in Florida. The Annual Conference - attended by a number of book manufacturing companies as well as suppliers to the industry -- is the flagship event of the association where members go to learn and network. The Annual Conference is also where new board members are voted into the leadership of the association. At the event, Kent Larson of Bridgeport National Bindery, finished his two-year term as president of the BMI. Taking over for Larson is Jim Fetherston, who is President and CEO of Worzalla in Stevens Point, Wis. Not only is BMI seeing a change in its volunteer leadership, the association is also experiencing a change in its staff leadership. Dan Bach, a longtime industry veteran, has led the BMI as executive VP since 2009. Bach announced his retirement earlier in 2017 and the BMI set out to find his replacement. Click Read More below for additional information.
Back To Top
×Close search
Search