S&P Global Inc. (SPGI) shares plummeted 16.03% in pre-market trading after issuing a 2026 profit forecast that trailed Wall Street expectations. The outlook was primarily weighed down by concerns regarding AI-driven disruptions within the analytics sector.
- The company expects 2026 adjusted earnings between $19.40 and $19.65 per share, falling short of the $19.94 analyst consensus.
- Quarterly revenue rose 9% to $3.92 billion, though adjusted earnings of $4.30 per share narrowly missed the $4.33 estimate.
- Shares were trading at $373.00 during the pre-market session following the announcement.