S&P Global Tumbles 11% as Annual Profit Outlook Falls Short

S&P Global Inc., a company that rates bonds and sells market data, slumped as much as 11% after the company reported a 2026 profit forecast that fell short of analyst expectations.

The firm said it now expects adjusted diluted earnings per share of $19.40 to $19.65 this year, which is short of the $20 average of analyst estimates compiled by Bloomberg. Shares fell 6.8% to $413.82 at 10:42 a.m. in New York trading on Tuesday.