08.02.2024 13:40:06 - dpa-AFX: S&P Global Inc. Q4 Profit Increases, but misses estimates
WASHINGTON (dpa-AFX) - S&P Global Inc. (SPGI) announced earnings for its
fourth quarter that increased from last year but missed the Street estimates.
The company's earnings came in at $579 million, or $1.83 per share. This
compares with $433 million, or $1.33 per share, in last year's fourth quarter.
Excluding items, S&P Global Inc. reported adjusted earnings of $988 million or
$3.13 per share for the period.
Analysts on average had expected the company to earn $3.15 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 7.1% to $3.15 billion from $2.94
billion last year.
S&P Global Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $579 Mln. vs. $433 Mln. last year.
-EPS (Q4): $1.83 vs. $1.33 last year.
-Analyst Estimate: $3.15
-Revenue (Q4): $3.15 Bln vs. $2.94 Bln last year.
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