S&P GlobalNYSE: SPGI

Suppliers in North America are seeing a significant increase in excess capacity and the weakest demand in eight months, while factory conditions in the U.S. are declining. Asian suppliers, who had growth earlier in 2024, are now facing reduced demand from China. Meanwhile, Europe's manufacturing downturn worsened in August, particularly in Germany and France, while UK manufacturers are operating at nearly full capacity.

S&P Global Inc. (NYSE:SPGI) will be participating in the 22nd Annual Global Financial Services Conference hosted by Barclays on September 9, 2024, at 12:00 PM ET. Martina Cheung, the President of S&P Global Ratings, will represent the company. Manav Patnaik from Barclays will also be part of the conference call.

S&P Global (SPGI) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

S&P Global (SPGI) is seeing advantages from the increasing need for business information services.

The growing need for solutions that reduce risks, cut costs, and boost productivity is expected to benefit the Zacks Business - Information Services sector. Companies like SPGI, VRSK, and TRU are in a strong position to take advantage of this increase in demand.

S&P Global's (SPGI) earnings and revenues for the second quarter of 2024 have risen compared to the same period last year.

While the revenue and earnings per share (EPS) for S&P Global (SPGI) provide insight into its performance for the quarter ending in June 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.

S&P Global (SPGI) reported quarterly earnings of $4.04 per share, which is higher than the Zacks Consensus Estimate of $3.67 per share. This is an increase compared to earnings of $3.12 per share from the same time last year.

S&P Global (SPGI) could produce exceptional returns because of its solid growth attributes.