S&P Global (SPGI) Tops Q3 EPS by 27c, Revenues Beat
S&P Global (NYSE: SPGI) reported Q3 EPS of $2.85, $0.27 better than the analyst estimate of $2.58. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.74 billion.
"S&P Global has a collection of strong and resilient businesses that continued to perform well in the current environment. The demand for our ratings, benchmarks, research, data, and analytics is greater than ever during uncertain and volatile markets," said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. "Two years ago, we established a number of growth initiatives. It is very encouraging to see so many of these investments result in new products that we have launched this year. This is particularly true with our ESG investments and the traction that our new ESG products are gaining in the marketplace."
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