S&P Global (SPGI) Gains From Acquisitions Amid Rising Expenses
S&P Global(SPGI) zacks.com·2024-05-30 01:06
S&P Global (SPGI) has had an impressive run over the past year, wherein its stock has gained 19.5%, outperforming the 17.4% rally of the industry it belongs to.SPGI reported impressive first-quarter results. Its adjusted EPS (excluding 85 cents from non-recurring items) of $4 surpassed the Zacks Consensus Estimate by 9% and increased 27.3% year over year. Revenues of $3.5 billion beat the consensus estimate by 2.9% and improved 10.5% year over year.How Is SPGI Doing?S&P Global is well-poised to gain from th ...