topstockalerts
Nov 13, 3:30 AM
Mobility Global, an automotive data and analytics company spun off from S&P Global in July 2026, reported stronger-than-expected third-quarter results, with revenue rising 7.4% year over year to
$478 million and adjusted EPS reaching
$0.40, beating analyst estimates by
$0.02. Shares surged 16.1% following the results, significantly outperforming the broader market.
The company also announced an
$800 million share repurchase program, signaling management’s confidence in its cash-flow generation, and raised the lower end of its full-year adjusted EBITDA guidance to
$750 million–
$760 million from
$745 million–
$760 million, while maintaining its revenue growth outlook.
Its flagship CARFAX business delivered 8% revenue growth for the third consecutive quarter of accelerating performance, reinforcing the strength of its subscription-based model.
$MBGL
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