S&P Global (SPGI) Tops Q4 EPS by 20c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus
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S&P Global Reports 4th Quarter and Full-Year 2020 Results
February 9, 2021 7:10 AM ESTNEW YORK, Feb. 9, 2021 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported fourth-quarter and full-year 2020 results. The Company reported fourth quarter 2020 revenue of $1.87 billion, an increase of 8% compared to the same period in 2019 with growth in all four businesses.
Fourth quarter net income decreased 16% to $454 million and diluted earnings per share decreased 15% to $1.88 as the Company took a number of lease impairment and restructuring charges aimed at improving future financial performance. Adjusted net income for the fourth quarter increased 5% to $654 million due to revenue growth, productivity improvements, and a lower effective... More
