S&P Global (SPGI) Tops Q3 EPS by 27c, Revenues Beat
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S&P Global Revenue Increased 9% In The Third Quarter With Growth Across All Four Divisions
October 27, 2020 7:10 AM EDTNEW YORK, Oct. 27, 2020 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported third quarter 2020 results with revenue of $1,846 million, an increase of 9% compared to the same period last year. Net income decreased 26% to $455 million and diluted earnings per share decreased 25% to $1.88 primarily due to the debt tender premium and fees associated with the recent senior notes tender offer.
Adjusted net income increased 14% to $689 million and adjusted diluted earnings per share increased 16% to $2.85 primarily due to revenue growth, productivity programs, and reduced expenses across the Company from COVID-19 related management... More
