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Valued at $146.5 billion by market cap, New York-based S&P Global Inc. (SPGI) provides governments, businesses, and individuals with market data, expertise, and technology solutions for confident decision-making. Widely sought after by many of the world’s leading organizations, S&P Global offers credit ratings, competitive benchmarking, and data-driven analytics in global securities markets.
The financial sector giant is set to announce its third-quarter results before the market opens on Thursday, Oct. 30. Ahead of the event, analysts expect SPGI to deliver an adjusted profit of $4.29 per share, up 10.3% from $3.89 per share reported in the year-ago quarter. The company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.