Acquisitions Benefit S&P Global (SPGI) Amid Rising Expenses
SPGIS&P Global(SPGI) ZACKS·2024-08-23 01:51

S&P Global (SPGI) has had an impressive run over the past three months. The stock has gained 14.4% compared with the 11.9% rally of the industry it belongs to and the 6% rise of the Zacks S&P 500 composite.SPGI has reported impressive second-quarter results. The adjusted EPS (excluding 82 cents from non-recurring items) of 4.04surpassedtheZacksConsensusEstimateby10.14.04 surpassed the Zacks Consensus Estimate by 10.1% and increased 29.5% year over year. Revenues of 3.5 billion beat the consensus estimate by 3.4% and improved 14.5% year over year.Ho ...