S&P Global Inc. (SPGI) is scheduled to report its fourth-quarter and full-year results on February 8. Wall Street expects SPGI’s revenue and EPS to increase year-over-year. In this piece, I have discussed why it could be wise to wait for a better entry point in the stock despite the potential improvement in the stock’s revenue and earnings.
For the fourth quarter, SPGI’s EPS and revenue are expected to increase 23.6% and 6.5% year-over-year to $3.14 and $3.13 billion, respectively. The company has a solid earnings history, having beaten the consensus estimate in three of the trailing four quarters.
