Reported 3 months ago
S&P Global has raised its full-year profit forecast, benefiting from a 30% increase in second-quarter adjusted earnings driven by strong demand for its data and analytics products. The company anticipates adjusted earnings per share between $14.35 and $14.60, significantly higher than previous predictions, while total revenue grew by 14% to $3.55 billion. The positive outlook comes as investors seek better investment strategies amidst hopes of interest rate cuts and a stable economic environment.
Source: YAHOO