| SPGI |
Report |
Total Revenue (Q2 2026, consolidated incl. Mobility for the quarter) |
BEAT |
pred ~$4.20B vs. cons ~$4.15B |
MEDIUM |
| SPGI |
Report |
Adjusted Diluted EPS (Q2 2026, consolidated) |
BEAT |
pred ~$4.95 vs. cons ~$4.86 |
MEDIUM |
| SPGI |
Report |
Ratings segment organic revenue growth (Billed Issuance-driven) |
BEAT |
pred ~11% vs. cons ~9.5% |
LOW |
| SPGI |
Guide |
FY2026 continuing-operations (ex-Mobility) adjusted diluted EPS guidance, introduced this quarter |
BETTER |
guide ~$16.20 vs. cons ~$16.00 (FY2026) |
LOW |
| SPGI |
Guide |
FY2026 continuing-operations organic constant-currency revenue growth guidance |
BETTER |
guide ~8% vs. cons ~7% (FY2026) |
LOW |
| SPGI |
Guide |
Energy segment FY2026 organic revenue growth range (Iran-conflict drag) |
UNCHANGED |
guide ~4.5%-6% (midpoint ~5%) vs. cons ~5% (FY2026) |
MEDIUM |
| SPGI |
Guide |
Capital return target / adjusted free cash flow payout |
UNCHANGED |
guide ~100% of ~$4.5B adjusted FCF vs. cons ~$4.5B (FY2026) |
HIGH |
| SPGI |
Return |
Day-1 residual (stock − beta × S&P 500) |
+2.0% |
— |
MEDIUM |
| SPGI |
Return |
5-day cumulative residual |
+0.8% (FADE) |
An in-line-to-modest Q2 beat plus a credible first ex-Mobility guide should drive an initial positive pop, but the out-period math is unfavorable: management has already flagged Ratings growth decelerating through Q3 and turning negative in Q4 on tough comps, Energy's Iran-related drag only 'reaccelerates' in H2 rather than fully reversing, and stranded/TSA costs plus loss of Mobility's high-margin contribution create model uncertainty. As analysts rebuild ex-Mobility models over the following days, forward EPS/margin revisions likely get trimmed at the margin even if Q2 itself beats, causing the initial pop to fade rather than follow through. |
MEDIUM |