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S&P Global Reports Q1 Results, Raises Revenue Guidance

S&P Global reported quarterly earnings of $4.01 per share which beat the analyst consensus estimate of $3.66 by 9.56% and represents a 27.3% increase over earnings from the same period last year. Quarterly sales came in at $3.49 billion, beating the analyst consensus estimate of $3.42 billion and representing a 10.47% increase year-over-year.

SPGI

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Stocks Drop, Tech Tumbles With Meta’s Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What’s Driving Markets Thursday?

Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase

AZN