S&P Global (SPGI) Suspends 2022 Financial Guidance Due to Extraordinarily Weak Market Conditions for its Ratings Business

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Go back to S&P Global (SPGI) Suspends 2022 Financial Guidance Due to Extraordinarily Weak Market Conditions for its Ratings Business

S&P Global Suspends 2022 Financial Guidance Due to Extraordinarily Weak Market Conditions for its Ratings Business; Expects to Re-introduce with Second Quarter 2022 Earnings Results

June 1, 2022 6:45 AM EDT

NEW YORK, June 1, 2022 /PRNewswire/ -- S&P Global (NYSE: SPGI) is suspending financial guidance for the full year 2022. Macroeconomic conditions have deteriorated since S&P Global Inc. ("the Company") last provided financial guidance on May 3, 2022, negatively impacting the Company's expectations for GDP growth and debt issuance volumes. Given the volatility and uncertainty in the issuance environment, the Company cannot affirm its previously issued guidance and expects to reintroduce formal financial guidance in conjunction with its second quarter 2022 earnings results.

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