S&P Global Inc. Q2 Profit Increases, Beats Estimates

(RTTNews) - S&P Global Inc. (SPGI) announced earnings for its second quarter that Increased from last year and beat the Street estimates.

The company's earnings came in at $1.07 billion, or $3.50 per share. This compares with $1.01 billion, or $3.23 per share, last year.

Excluding items, S&P Global Inc. reported adjusted earnings of $1.36 billion or $4.43 per share for the period.

Analysts on average had expected the company to earn $4.22 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 5.9% to $3.76 billion from $3.55 billion last year.

S&P Global Inc. earnings at a glance (GAAP) :

-Earnings: $1.07 Bln. vs. $1.01 Bln. last year. -EPS: $3.50 vs. $3.23 last year. -Revenue: $3.76 Bln vs. $3.55 Bln last year.

-Guidance: Full year EPS guidance: $17.00 - $17.25