S&P Global (SPGI) Tops Q2 EPS by 4c, Slight Revenues Beat; Maintains FY18 EPS Outlook
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S&P Global Reports Second Quarter Results
July 26, 2018 7:08 AM EDTNEW YORK, July 26, 2018 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported second quarter 2018 results with revenue of $1,609 million, an increase of 7% compared to the same period last year with growth in every business segment. On an organic basis and excluding the favorable impact from foreign exchange, revenue increased 5%.
Net income increased 9% to $461 million and diluted earnings per share increased 12% to $1.82 as a result of revenue growth, operating leverage and U.S. tax reform. Adjusted net income increased 23% to $549 million and adjusted diluted earnings per share increased 26% to $2.17. The... More
