NEW YORK (AP) _ S&P Global Inc. (SPGI) on Tuesday reported fourth-quarter net income of $454 million.

The New York-based company said it had profit of $1.88 per share. Earnings, adjusted for non-recurring costs and amortization costs, were $2.71 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.55 per share.

The independent ratings and analytics provider posted revenue of $1.87 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $1.75 billion.

For the year, the company reported profit of $2.34 billion, or $9.66 per share. Revenue was reported as $7.44 billion.

S&P Global expects full-year earnings in the range of $12.25 to $12.45 per share.

S&P Global shares have dropped 1% since the beginning of the year. The stock has risen 10% 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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