S&P Global Raises 2023 Profit Forecast
November 02 2023 - 7:13AM
Dow Jones News
By Will Feuer
S&P Global raised its full-year profit forecast, lifted by
the removal of some contract-exit costs and a lower expected tax
rate.
The New York-based credit-ratings and data provider is now
targeting full-year earnings of $8.75 a share to $8.90 a share, up
from a prior outlook for $8.65 a share to $8.85 a share.
The company also backed its revenue outlook and narrowed its
adjusted earnings guidance.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
November 02, 2023 07:58 ET (11:58 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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