S&P Global: Why The Market Isn't Responding To The Q3 2024 Beat

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MarsYu/E+ via Getty Images S&P Global ( NYSE: SPGI ) followed its largest competitor Moody's ( MCO ) in handily exceeding consensus estimates in the third quarter, driving 16% revenue growth and adjusted EPS growth of 21%. Despite the better-than-expected results, shares are falling as Analyst’s Disclosure: I/we have a beneficial long position in the shares of SPGI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.

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