S&P Global Tempers Outlook Despite Higher 1Q Profit, Revenue

By Connor Hart


S&P Global tempered its full-year revenue outlook, despite reporting higher profit and revenue in the first quarter.

The financial intelligence company said Tuesday it now expects revenue growth of 6.3% to 8.3% in 2026, compared with a prior outlook for revenue growth of 6.6% to 8.6%.

On an organic basis, revenue is still expected to grow 6% to 8%. The company also backed its outlook for adjusted earnings of $19.40 to $19.65 a share, compared with the $19.61 a share that analysts polled by FactSet are expecting.

The outlooks came as S&P Global operates in what Chief Executive Martina Cheung called an incredibly volatile and challenging environment.

For its three months ended March 31, S&P Global reported net income of $1.4 billion, or $4.69 a share, compared with $1.09 billion, or $3.54 a share, a year earlier.

The company attributed the higher profit to strong growth across ratings, indexes and market intelligence.

Stripping out one-time costs, earnings were $4.97 a share. Analysts polled by FactSet had expected adjusted earnings of $4.82 a share.

Revenue climbed 10% to $4.17 billion, ahead of Wall Street models for $4.07 billion.


Write to Connor Hart at connor.hart@wsj.com


(END) Dow Jones Newswires

April 28, 2026 07:49 ET (11:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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