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SPGI Gears Up to Report Q3 Earnings: Here's What Investors Should Know

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Key Takeaways

  • S&P Global's Q3 revenues are projected at $3.6B, down 6.5% y/y, with EPS expected to fall 6.3% to $4.43.
  • Market Intelligence revenues are expected to rise 2.4%, driven by AI-ready data demand and Kensho adoption.
  • Indices revenues are projected to rise 18.3% to $546.7M, supported by ETF inflows and equity gains.

S&P Global (SPGI - Free Report) is scheduled to release third-quarter 2026 results on Oct. 27, before market open.

SPGI has a decent history of earnings surprises, having surpassed the Zacks Consensus Estimate in the past three trailing quarters and missing once, with an average surprise of 4.4%.

S&P Global Inc. Price and EPS Surprise

S&P Global Inc. Price and EPS Surprise

S&P Global Inc. price-eps-surprise | S&P Global Inc. Quote

S&P Global’s Q3 Expectations

The Zacks Consensus Estimate for revenues is pegged at $3.6 billion, indicating a 6.5% decline from the year-ago quarter’s actual. The consensus mark for revenues from Market Intelligence is close to $1.3 billion, which is expected to improve 2.4% year over year.

This segment is likely to have benefited from the rising demand for AI-ready data and rapid adoption of Kensho solutions. Additional growth is expected to have been contributed by the solid demand for Visible Alpha, RatingsXpress and proprietary data feeds.

For Ratings, the Zacks Consensus Estimate for revenues is set at $1.3 billion. It hints at a slight upside from the year-ago quarter’s actual. Healthy debt issuance, supported by AI infrastructure investments, hyperscaler financing and improving M&A activity, is expected to have fueled this segment.

The Zacks Consensus Estimate for the Indices segment is set at $546.7 million, suggesting an 18.3% year-over-year upsurge. Growing assets under management in index-linked investment products, backed by equity market appreciation and ETF inflows, are anticipated to have driven asset-linked fees.

The consensus mark for Energy revenues is set at $610.2 million. Continued demand for Platts price benchmarks, accompanied by energy market analytics and supply-chain intelligence, is expected to have fueled revenue growth.

The consensus estimate for earnings per share is $4.43, suggesting a 6.3% year-over-year fall. The bottom line is expected to have improved on the back of AI-led margin expansion.

What Our Model Predicts About SPGI

Our proven model does not conclusively predict an earnings beat for S&P Global this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

SPGI has an Earnings ESP of -0.56% and a Zacks Rank of 3.

Stocks to Consider

Here are a few stocks from the broader Finance sector, which, according to our model, have the right combination of elements to beat on earnings this time around.

Abacus Global Management (ABX - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2026 revenues is $77.2 million, suggesting a 22.6% year-over-year rise. For earnings, the consensus estimate is kept at 28 cents per share, indicating a 40% jump from the year-ago quarter’s actual. The company beat the consensus estimate in the trailing three quarters and missed once, with an average surprise of 8.3%.

ABX has an Earnings ESP of +2.66% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The company is scheduled to declare third-quarter 2026 results on Nov. 5.

American Healthcare REIT (AHR - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2026 revenues is pegged at $770.5 million, indicating year-over-year growth of 34.5%. For earnings, the consensus estimate is 56 cents, suggesting a 27.3% gain from the year-ago quarter’s reported figure. The company beat the consensus estimate in the trailing four quarters, with an average of 3.8%.

AHR has an Earnings ESP of +0.60% and a Zacks Rank of 2 at present. The company is scheduled to declare third-quarter 2026 results on Nov. 5.

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