S&P Global (SPGI) Releases Earnings Results, Beats Expectations By $0.10 EPS

S&P Global (SPGI) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $1.44 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $1.34. The company posted revenue of $1482.00 million in the period, compared to analysts expectations of $1430.15 million. The company’s revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS.

Many Wall Street Analysts have commented on S&P Global. Credit Suisse Initiated S&P Global on Jul 12, 2016 to “Outperform”, Price Target of the shares are set at $123.

S&P Global

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