Here's Why This Nvidia Partner's Stock Soared More Than 20% This Week [Yahoo! Finance]
S&P Global Inc. (SPGI)
Last s&p global inc. earnings: 4/28 07:10 am
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Source: Yahoo! Finance
The stock is up an incredible 561% since the start of 2023 and put on another 20.5% in the week to Friday morning, according to data provided by S&P Global Market Intelligence The latest move comes after Vertiv released a stellar set of first-quarter earnings, which saw the company blast past management's expectations, raise full-year guidance, and report 60% growth in organic orders. Vertiv's growth momentum The company's growth is driven by data center spending and, in turn, by heavy investment in artificial intelligence (AI) applications . While it's become a favorite theme among investors, Vertiv has the order growth to back up the optimism. Here are a few highlights from the quarter: Organic sales up 8% to $1,639 million compared to guidance for a 5% organic increase. Adjusted operating profit of $249 million compared to guidance for $210 million. Full-year sales guidance raised to 12% organic growth from 10% previously. Full-year adjusted operating profit guidanc
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 4/26/24 - Form IRANNOTICE
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- SPGI's page on the SEC website