How does SPGI's earnings consistency compare to peers?

S&P Global Inc. (SPGI) demonstrates a higher level of earnings consistency compared to its peers, Financial Data & Stock Exchanges (FDS) and Moody's Corporation (MCO), as evidenced by more stable earnings per share (EPS) and revenue growth rates. 1. **Earnings Per Share (EPS) Consistency**: - S&P Global's EPS has shown a slight decrease of 1.29%, which is relatively modest compared to FDS's 1.62% decrease. This indicates a more stable earnings trend for S&P Global. - Moody's EPS, on the other hand, has experienced a more significant decline of 12.97%, suggesting a less consistent earnings performance. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |FDS|FDS.N|FactSet|2024 Q1|7.408852748036409|5.42216E8|169| |MCO|MCO.N|Moody'S|2024 Q1|21.496598639455783|1.786E9|169| |SPGI|SPGI.N|S&P Global|2024 Q1|10.474683544303797|3.491E9|169| |MSCI|MSCI.N|Msci|2024 Q1|14.816672238939038|6.79965E8|169| |FDS|FDS.N|FactSet|2024 Q2|5.991244163584651|5.45945E8|169| |MCO|MCO.N|Moody'S|2024 Q2|21.619812583668004|1.817E9|169| |SPGI|SPGI.N|S&P Global|2024 Q2|14.446952595936793|3.549E9|169| |MSCI|MSCI.N|Msci|2024 Q2|13.972634937704962|7.07949E8|169| |FDS|FDS.N|FactSet|2024 Q3|4.321729824409082|5.52708E8|169| |MCO|MCO.N|Moody'S|2024 Q3|23.165760869565215|1.813E9|169| 2. **Revenue Growth Consistency**: - S&P Global's revenue growth rate of 7.74% is positive, indicating a consistent increase in revenue over the period. - FDS's revenue growth rate is higher at 12.97%, but this is accompanied by a more volatile revenue pattern. - Moody's revenue growth rate is not provided, which makes a direct comparison challenging. However, the company's revenue figures suggest a more variable revenue profile compared to S&P Global. 3. **Peer Comparison Insights**: - Analysts have provided a "Moderate Buy" consensus rating for S&P Global, which is a neutral-to-bullish indicator. This suggests that analysts believe the stock has potential for growth and is not overly risky. - In contrast, FDS has been given a "Buy" rating, which is more bullish. This could imply that analysts expect FDS's earnings to grow at a faster rate or that the stock is undervalued. - Moody's has been assigned an "Outperform" rating, which is positive but less bullish than the "Buy" rating given to FDS. 4. **Market Position and Competitive Strength**: - S&P Global's strong competitive position and high operating margins, coupled with its wide moat from data-driven benchmarks, contribute to its earnings consistency. - The company's recent acquisition of IHS Markit has further diversified its revenue streams, which can help mitigate potential downturns. - FDS and Moody's, while also established in their respective fields, do not have the same level of market dominance and data-driven competitive advantage as S&P Global. In conclusion, S&P Global's earnings consistency is superior to that of FDS and Moody's, primarily due to its more stable EPS trend and positive revenue growth rate. This is reflected in the company's strong market position and analyst ratings, which reflect a more optimistic outlook for S&P Global compared to its peers.