S&P Global (SPGI) Tops Q3 EPS by 6c, Revenues Miss; Lifts FY18 EPS Mid-Point Outlook Above Consensus

October 25, 2018 7:12 AM EDT

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S&P Global (NYSE: SPGI) reported Q3 EPS of $2.11, $0.06 better than the analyst estimate of $2.05. Revenue for the quarter came in at $1.55 billion versus the consensus estimate of $1.59 billion.

"The benefit of our diverse portfolio of exceptional businesses was evident this quarter as we were able to overcome a decline in global bond issuance and deliver revenue growth, margin improvement, and EPS gains," said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. "We continue to build the Company with innovative product launches, margin-enhancing technology projects, and investments in unique data, analytics and content augmented through technology."

GUIDANCE:

S&P Global sees FY2018 EPS of $8.50-$8.60, versus the consensus of $8.49.

For earnings history and earnings-related data on S&P Global (SPGI) click here.



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