10-QPeriod: Q3 FY2011

S&P Global Inc. Quarterly Report for Q3 Ended Sep 30, 2011

Filed October 21, 2011For Securities:SPGI

Summary

S&P Global Inc.'s (SPGI) third-quarter 2011 10-Q filing reveals a company navigating a challenging economic environment while demonstrating resilience across its key business segments. Investors should note the company's continued revenue generation, although growth may be impacted by global economic uncertainties. The report provides a detailed look into the company's financial performance and operational health, offering insights into its ability to manage costs and maintain profitability in the face of market volatility. Management's discussion and analysis will be crucial for understanding the specific drivers of performance and the outlook for the remainder of the fiscal year. Key areas of focus for investors include the performance of its credit ratings, market and commodities intelligence, and business solutions segments. The filing will detail revenue trends, operating expenses, and any significant capital allocation activities or debt management strategies. Understanding the company's risk factors and legal proceedings will also be important for a comprehensive assessment of the company's current standing and future potential. Overall, this filing provides a snapshot of SPGI's financial condition as of September 29, 2011, and its performance through the first nine months of the year.

Financial Highlights

53 data points
Beta

Revenue

$1.03B

31.3% Gross Margin

Net Income

$366.00M

35.4% Net Margin

EPS (Diluted)

$1.21

Total Assets

$7.15B

Cash & Equivalents

$1.44B

Free Cash Flow

$700.00M

Financial Statements
Beta
Revenue$1.03B
Cost of Revenue$711.00M
Gross Profit$324.00M
SG&A Expenses$552.00M
Operating Expenses$1.30B
Operating Income$282.00M
Interest Expense$18.00M
Net Income$366.00M
EPS (Basic)$1.23
EPS (Diluted)$1.21
Shares Outstanding (Basic)297.80M
Shares Outstanding (Diluted)303.60M

Key Highlights

  • 1The report covers the financial performance of S&P Global Inc. for the nine months ending September 29, 2011, providing a mid-year update on the company's operations.
  • 2Key financial statements, including the Consolidated Statements of Income, Balance Sheets, and Cash Flows, are presented for investor review.
  • 3The Management's Discussion and Analysis (MD&A) section offers crucial insights into the operational results, financial condition, and liquidity of the company.
  • 4Investors can assess the company's exposure to market risks through the Quantitative and Qualitative Disclosures About Market Risk.
  • 5Information on legal proceedings and risk factors provides a comprehensive view of potential challenges and liabilities facing S&P Global Inc.
  • 6The filing includes details on unregistered sales of equity securities and the use of proceeds, relevant for understanding share structure and capital management.
  • 7Exhibits are provided, which may include important supporting documents for the financial information presented.

Frequently Asked Questions

The 10-Q filing provides unaudited financial statements for the three and nine months ended September 29, 2011. While specific figures for revenue, net income, and earnings per share are detailed within the Consolidated Statements of Income, a comprehensive understanding of the performance drivers and year-over-year comparisons would require a deeper dive into the Management's Discussion and Analysis section.

The filing details the financial performance across S&P Global's various business segments. The Management's Discussion and Analysis section is where investors can find specific commentary on the performance of segments such as Ratings Services, Market and Commodities Intelligence, and Business Solutions, including factors influencing their revenue and profitability during the period.

The Consolidated Balance Sheets provide a snapshot of the company's assets, liabilities, and equity as of September 29, 2011, and comparative periods. The Consolidated Statements of Cash Flows detail the company's cash inflows and outflows from operating, investing, and financing activities for the nine months ended September 29, 2011. The MD&A will further elaborate on liquidity and capital resources.

Item 1a, 'Risk Factors,' in Part II of the 10-Q filing outlines the significant risks and uncertainties that could materially affect the company's business, financial condition, or results of operations. These could include economic downturns, regulatory changes, competition, and technological disruptions, among others.