Summary
S&P Global Inc. (SPGI), formerly McGraw Hill Financial, Inc., has filed an 8-K report on May 17, 2016, to provide an update regarding a presentation by its CFO, Jack Callahan, at the Barclays Americas Select Conference. The key takeaway for investors is the reaffirmation of the company's previously issued financial guidance for fiscal year 2016. This includes expectations for mid-to-high single-digit revenue growth and adjusted diluted Earnings Per Share (EPS) in the range of $5.00 to $5.15.
Key Highlights
- 1S&P Global Inc. (SPGI) CFO to present at Barclays Americas Select Conference on May 17, 2016.
- 2Company reaffirms prior guidance for fiscal year 2016.
- 3Expected revenue growth for FY2016 is mid-to-high single digits.
- 4Expected adjusted diluted EPS for FY2016 is between $5.00 and $5.15.
- 5Guidance was previously stated in an 8-K filed on April 26, 2016.
- 6Presentation will be webcast live and available for replay on the company's Investor Relations website.
- 7Information furnished under Item 7.01 is not considered 'filed' for Section 18 liability purposes.
Frequently Asked Questions
The primary purpose of this 8-K filing is to notify investors that S&P Global Inc. will be presenting at the Barclays Americas Select Conference and to reaffirm its previously issued financial guidance for fiscal year 2016.
S&P Global reaffirmed its guidance for fiscal year 2016, expecting mid-to-high single-digit revenue growth and adjusted diluted EPS between $5.00 and $5.15.
The webcast, including audio and slides, will be available live and in replay on S&P Global's Investor Relations website. A replay will be accessible for three months after the presentation.
No, this filing does not introduce new financial guidance. It serves to reaffirm the guidance previously communicated on April 26, 2016.