S&P Global (SPGI) Tops Q1 EPS by 24c
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S&P Global Reports First Quarter Results
April 25, 2017 7:10 AM EDTNEW YORK, April 25, 2017 /PRNewswire/ -- S&P Global (NYSE: SPGI) today reported first quarter 2017 results with revenue of $1,453 million, an increase of 8% compared to the same period last year. On an organic basis, first quarter revenue increased 18% led by 29% growth in Ratings.
Net income increased 35% to $399 million and diluted earnings per share grew 39% to $1.53.  Adjusted net income increased 32% to $422 million and adjusted diluted earnings per share increased 35% to $1.62. The adjustments in the first quarter of 2017 were primarily for deal-related amortization and recent acquisitions and divestitures.
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