S&P Global (NYSE: SPGI) reported Q4 EPS of $2.53, $0.10 better than the analyst estimate of $2.43. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.7 billion.

"During 2019, we successfully launched several new products, advanced numerous automation and productivity projects, and through a handful of acquisitions added unique new data sets, products, and services," said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. He added, "While we are pleased with these accomplishments, there is much more to achieve. Again in 2020, we will invest in initiatives to advance our technology, create innovative new products, and expand globally. Much of the funding for these investments will be delivered through productivity and automation projects. With the capabilities we have, and those that we are building, we are even better positioned to provide the intelligence essential to advance progress."

GUIDANCE:

S&P Global sees FY2020 EPS of $10.40-$10.60, versus the consensus of $10.48.

• The Company is introducing 2020 guidance with reported revenue expected to increase mid to high single-digits.
• On a U.S. GAAP basis, diluted EPS is expected to be in the range of $10.00 to $10.20 and adjusted diluted EPS is expected to be in the range of $10.40 to $10.60.
• Adjusted diluted EPS excludes amortization of intangibles related to acquisitions and Kensho retention plans.
• Free cash flow excluding certain items is expected to be in a range of $2.6 billion to $2.7 billion.

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