S&P Global, Inc.(SPGI Quick QuoteSPGI - Free Report) formerly known as McGraw-Hill Financial, is the provider of financial information, and the owner of one of the top credit rating agencies (Standard & Poor’s). The company now primarily focuses on capital and commodities markets and includes iconic brands like S&P Ratings, S&P Capital IQ, S&P Indices and Platts. 

S&P Global has an outstanding earnings track record, and has delivered an average positive earnings surprise of 5.64% in the last four trailing quarters, beating estimates all through.

Earnings: Earnings beat. S&P Global reported adjusted earnings per share (EPS) of $1.28, which beat the Zacks Consensus Estimate called for EPS of $1.20.

Revenues: Revenues beat. S&P Global posted net sales of $ 1,399 million, above the Zacks Consensus Estimate of $ 1,326 million.

Zacks Rank: Currently, S&P Global carries a Zacks Rank #2 (Buy), which is subject to change following the earnings announcement. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Stock Price: SPGI’s shares fell in pre-market trading following the release. It would be interesting to see how the market further reacts to the results during the trading session today.

Check back later for our full write up on S&P Global’s earnings report!

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