S&P Global: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — S&P Global Inc. (SPGI) on Thursday reported third-quarter net income of $742 million.

On a per-share basis, the New York-based company said it had net income of $2.33. Earnings, adjusted for non-recurring costs, were $3.21 per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.05 per share.

The independent ratings and analytics provider posted revenue of $3.08 billion in the period, also surpassing Street forecasts. Nine analysts surveyed by Zacks expected $3.02 billion.

S&P Global expects full-year earnings in the range of $12.50 to $12.60 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