S&P Global (SPGI) Misses Q1 EPS by 9c; Lowers FY22 GAAP EPS Guidance
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S&P Global Reports Revenue Growth in First Quarter Post-Merger
May 3, 2022 7:10 AM EDTReported Revenue Increased 18%; Adjusted Pro Forma Revenue Increased 2%
Diluted EPS Increased 43% to $4.47; Adjusted Diluted EPS Increased 0.3% to $2.89
Reported Operating Profit Margin Increased 2,560 Basis Points to 79.2%
Adjusted Pro Forma Operating Profit Margin Decreased 340 Basis Points to 45.2%
Revenue Growth was Driven by Strength Across Five of Six Divisions, Offset by a Sharp Decline in Revenue Related to Debt Issuance
Company is Updating GAAP Guidance and Adjusted Guidance
Merger-Related Divestitures... More
