S&P Global Reports Strong Q4 Earnings, Beats Estimates
NEW YORK - S&P Global Inc. (SPGI) posted a strong fourth-quarter performance, with earnings and revenue exceeding market expectations.
* Net Income: $880 million ($2.85 per share)
* Adjusted Earnings: $3.77 per share
* Revenue: $3.59 billion
Analysts' consensus estimates were $3.44 per share for earnings and $3.49 billion for revenue.
For the full year, S&P Global reported earnings of $3.85 billion ($12.35 per share) and revenue of $14.21 billion.
The company provides independent ratings and analytics services.
Outlook
S&P Global expects full-year earnings in the range of $17 to $17.25 per share for the upcoming year.