NEW YORK (AP) — NEW YORK (AP) — S&P Global Inc. (SPGI) on Thursday reported third-quarter earnings of $1.18 billion.
On a per-share basis, the New York-based company said it had net income of $3.86. Earnings, adjusted for amortization costs and non-recurring costs, came to $4.73 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.40 per share.
The independent ratings and analytics provider posted revenue of $3.89 billion in the period, also exceeding Street forecasts. Nine analysts surveyed by Zacks expected $3.83 billion.
S&P Global expects full-year earnings in the range of $17.60 to $17.85 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
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