LSEG reported 6.4% organic revenue growth in the third quarter, excluding currency effects, and a 6.5% rise in gross profit - both beating estimates.
Growth was broad-based, led by the Risk Intelligence segment, driven by strong demand for screening and identity verification services.
Guidance was largely unchanged, with full-year revenue growth expected between 6.5-7.5%.
LSEG plans an additional £1bn share buyback to be completed before its 2025 results, bringing total buybacks to £2.5bn between March 2025 and February 2026.
The shares were up 6.9% in early trading.
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LSEG key facts
All ratios are sourced from LSEG Datastream, based on previous day’s closing values. Please remember yields are variable and not a reliable indicator of future income. Keep in mind key figures shouldn’t be looked at on their own – it’s important to understand the big picture.
This article is original Hargreaves Lansdown content, published by Hargreaves Lansdown. It was correct as at the date of publication, and our views may have changed since then. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by LSEG. These estimates are not a reliable indicator of future performance. Yields are variable and not guaranteed. Investments rise and fall in value so investors could make a loss.
This article is not advice or a recommendation to buy, sell or hold any investment. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment.