8-KEarnings & ResultsExhibits & Filings

S&P Global Inc. 8-K Report, Financial Results (Apr 24, 2007)

Filed April 24, 2007For Securities:SPGI

Summary

This 8-K filing from The McGraw-Hill Companies, Inc. (now S&P Global Inc.) on April 24, 2007, primarily serves to furnish their earnings release for the first quarter ended March 31, 2007. The release highlights a significant increase in diluted earnings per share (EPS) to $0.40 for Q1 2007, a doubling from $0.20 reported in Q1 2006. Investors should note that the current quarter's results benefited from a $0.03 gain on the divestiture of their mutual funds data business. Conversely, the prior year's Q1 2006 results were impacted by a one-time charge of $0.04 related to the elimination of their restoration stock option program. This filing provides a transparent look at the company's performance and the specific items influencing year-over-year EPS comparisons.

Key Highlights

  • 1The McGraw-Hill Companies reported Q1 2007 diluted EPS of $0.40, doubling from $0.20 in Q1 2006.
  • 2Q1 2007 earnings per share were positively impacted by a $0.03 gain from the divestiture of the mutual funds data business.
  • 3Q1 2006 earnings per share were negatively affected by a $0.04 one-time charge for eliminating the restoration stock option program.
  • 4The filing is a Current Report on Form 8-K, specifically referencing Items 2.02 (Results of Operations and Financial Condition) and 7.01 (Regulation FD Disclosure).
  • 5The primary exhibit is the company's earnings release dated April 24, 2007, detailing Q1 2007 financial results.
  • 6The report indicates the company's principal executive offices are located at 1221 Avenue of the Americas, New York, New York.

Frequently Asked Questions

The McGraw-Hill Companies reported diluted earnings per share (EPS) of $0.40 for the first quarter of 2007, a significant increase from $0.20 in the same quarter of 2006.

The Q1 2007 EPS was boosted by a $0.03 gain from selling the mutual funds data business. The Q1 2006 EPS was reduced by a $0.04 one-time charge related to the elimination of the restoration stock option program. Excluding these items, the operational performance comparison would be different.

This 8-K filing primarily serves to furnish the earnings release. No other significant operational events or disclosures beyond the Q1 2007 financial results and the divestiture gain are detailed in this specific filing.