S&P Global reported second-quarter 2026 adjusted earnings of $4.83 per share, up 23% year over year and beating the Zacks Consensus Estimate of $4.49, while pro-forma revenues rose 11% to $3.68 billion, surpassing the consensus of $3.64 billion. The company's Ratings and Indices segments delivered record results, with Ratings revenues up 17% to $1.34 billion and Indices revenues up 20% to $534 million. S&P Global repurchased $500 million in shares during the quarter, bringing year-to-date buybacks to $1.5 billion, and expects total 2026 repurchases to exceed $7 billion following the Mobility separation. Management guided 2026 revenue growth of 5.9-7.9% excluding Mobility, with adjusted diluted earnings between $17.50 and $17.75. Since the earnings release, the consensus estimate has shifted down 6.25%, and the stock carries a Zacks Rank #4 (Sell).
S&P Global IncS&P Global beat Q2 estimates with record Ratings and Indices revenues, raised guidance, and announced significant buybacks.
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