S&P Global (SPGI) Tops Q3 EPS by 17c

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Go back to S&P Global (SPGI) Tops Q3 EPS by 17c

S&P Global Reports Third Quarter Results

October 26, 2017 7:10 AM EDT

NEW YORK, Oct. 26, 2017 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported third quarter 2017 results with revenue of $1,513 million, an increase of 5% compared to the same period last year.  On an organic basis, third quarter revenue increased 12% with strong growth in every business segment.

Net income decreased 54% to $414 million and diluted earnings per share declined 52% to $1.61 as a result of the prior period benefiting from a pre-tax gain of $722 million on the sale of J.D. Power.   Adjusted net income increased 16% to $442 million and adjusted diluted earnings per share increased... More