S&P Global Stock Rises on Its First-Quarter Earnings Beat, Despite a Guidance Trim
Shares of S&P Global (NYSE: SPGI) beat the downward trend of the wider market on Wednesday, rising 1.6% in price after the release of its first-quarter 2020 results.
Revenue for the company, an information and analytics specialist targeting the finance industry, rose 14% year over year to just under $1.79 billion. Non-GAAP (adjusted) net income saw a sharper rise of 27%, hitting $665 million, or $2.73 per share.
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Source Fool.com
