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Stock impact report

S&P Global Revenue Increased 14% In First Quarter

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: PR Newswire
NEW YORK, April 28, 2020 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported first quarter 2020 results with revenue of $1,786 million, an increase of 14% compared to the same period last year.  Net income increased 56% to $639 million and diluted earnings per share increased 59% to $2.62 primarily due to a $113 million pre-tax, noncash pension settlement charge in the prior period as well as revenue growth, continued progress toward productivity initiative targets, and reduced business travel expenses during the current period.Adjusted net income increased 27% to $665 million and adjusted diluted earnings per share increased 29% to $2.73 due to revenue growth, continued progress toward productivity initiative targets, and reduced business travel. The adjustments in the first quarter of 2020 were associated with restructurings in Market Intelligence and Corporate, a gain on a divestment, as well as deal-related amortization and Kensho retention-related expenses."The world is enduri Show less Read more
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