SPGI Earnings: SP Global Q4 and Full-Year 2024 Financial Results Released

SP Global Inc. (SPGI) recently announced its financial results for the fourth quarter and full-year of 2024. The company reported strong earnings and highlighted its continued growth in multiple sectors. The Q4 revenue reached a record high of $2.5 billion, while the full-year revenue totaled $9.8 billion.

One of the key drivers of SPGI's success was its Data & Analytics segment, which saw a revenue increase of 25% in Q4. This growth was attributed to higher demand for market intelligence and credit ratings services. Additionally, the company's Market Intelligence division also experienced significant growth, driven by increased adoption of its products by financial institutions.

In terms of geography, SP Global Inc. reported robust revenue growth in both the Americas and EMEA regions. The company's Asia-Pacific region also showed signs of recovery after facing challenges due to the pandemic.

"We are pleased with our strong financial performance in 2024, driven by our diversified portfolio and customer-centric approach," said the CEO of SP Global Inc. "We remain committed to delivering innovative solutions to our clients and creating long-term value for our shareholders."

Looking ahead, SPGI provided an optimistic outlook for the full-year 2025. The company expects its adjusted EPS to range between $17 and $17.25, surpassing FactSet's estimated value of $16.96. This forecast reflects SPGI's confidence in its ability to capitalize on market opportunities and augment its competitive position.

Stock investors interested in the future prospects of SP Global Inc. and its financial performance can seek guidance from professionals at Stocks Prognosis. With their expertise in analyzing market trends and insights, they can provide valuable recommendations on the potential movement of SPGI stock.