NEW YORK (AP) — NEW YORK (AP) — S&P Global Inc. (SPGI) on Tuesday reported fourth-quarter earnings of $1.13 billion.
The New York-based company said it had profit of $3.75 per share. Earnings, adjusted for non-recurring costs, came to $4.30 per share.
The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.32 per share.
The independent ratings and analytics provider posted revenue of $3.92 billion in the period, exceeding Street forecasts. Nine analysts surveyed by Zacks expected $3.89 billion.
For the year, the company reported profit of $4.47 billion, or $14.66 per share. Revenue was reported as $15.34 billion.
S&P Global expects full-year earnings in the range of $19.40 to $19.65 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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