S&P Global: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — S&P Global Inc. (SPGI) on Tuesday reported third-quarter net income of $1.24 billion.

The New York-based company said it had profit of $4.25 per share. Earnings, adjusted for one-time gains and costs, were $4.58 per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.43 per share.

The independent ratings and analytics provider posted revenue of $3.68 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $3.64 billion.

S&P Global expects full-year earnings in the range of $17.70 to $17.95 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPGI at https://www.zacks.com/ap/SPGI