S&P Global Posts Q3 Profit of $1.24 Billion, Tops Analyst Estimates (SPGI)

NEW YORK — S&P Global Inc. (SPGI) reported third-quarter net income of $1.24 billion on Tuesday, with adjusted earnings and revenue both exceeding Wall Street estimates. The New York-based ratings and analytics provider earned $4.25 per share, or $4.58 per share on an adjusted basis. Eight analysts surveyed by Zacks Investment Research had expected $4.43 per share. Revenue for the period was $3.68 billion, topping the $3.64 billion forecast by six Zacks analysts. The company guided full-year earnings to a range of $17.70 to $17.95 per share.