S&P Global (SPGI) Tops Q1 EPS by 36c, Revenues Beat; Raises FY21 EPS Guidance Above Consensus
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S&P Global Revenue Increased 13% in the First Quarter with Growth Across All Four Divisions
April 29, 2021 7:10 AM EDTNEW YORK, April 29, 2021 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported first quarter 2021 results with revenue of $2,016 million, an increase of 13% compared to the same period last year. Net income increased 18% to $755 million and diluted earnings per share increased 19% to $3.12 primarily due to revenue growth in every segment and productivity programs and lower T&E across the Company.
Adjusted net income increased 23% to $820 million and adjusted diluted earnings per share increased 24% to $3.39. The largest adjustments in the first quarter of 2021 were for costs related to the pending merger with IHS Markit... More
