S&P Global (SPGI) Tops Q2 EPS by 73c

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S&P Global Revenue Increased 14% In Second Quarter

July 28, 2020 7:10 AM EDT

NEW YORK, July 28, 2020 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported second quarter 2020 results with revenue of $1,943 million, an increase of 14% compared to the same period last year.  Net income increased 43% to $792 million and diluted earnings per share increased 46% to $3.28 primarily due to revenue growth in S&P Global Ratings and reduced expenses from COVID-19 related management actions.

Adjusted net income increased 37% to $822 million and adjusted diluted earnings per share increased 40% to $3.40 primarily due to revenue growth in S&P Global Ratings and reduced expenses across the Company from... More