NEW YORK (AP) _ S&P Global Inc. (SPGI) on Tuesday reported third-quarter profit of $455 million.
On a per-share basis, the New York-based company said it had net income of $1.88. Earnings, adjusted for non-recurring costs and amortization costs, were $2.85 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.64 per share.
The independent ratings and analytics provider posted revenue of $1.85 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.75 billion.
S&P Global expects full-year earnings in the range of $11.30 to $11.45 per share.
S&P Global shares have climbed 22% since the beginning of the year. The stock has increased 34% in the last 12 months.
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
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