Revenue Increased 7% led by a 13% Increase at S&P Dow Jones Indices

Diluted EPS Increased 12% to $1.82

Adjusted Diluted EPS Increased 26% to $2.17

Operating Profit Margin Decreased 250 Basis Points to 42%

Adjusted Operating Profit Margin Increased 230 Basis Points to 49%

Expanded Differentiated Content with RateWatch Acquisition and Crunchbase Agreement

New York, NY, July 26, 2018
S&P Global (NYSE: SPGI) today reported second quarter 2018 results with revenue of $1,609 million, an increase of 7% compared to the same period last year with growth in every business segment. On an organic basis and excluding the favorable impact from foreign exchange, revenue increased 5%.

Net income increased 9% to $461 million and diluted earnings per share increased 12% to $1.82 as a result of revenue growth, operating leverage and U.S. tax reform. Adjusted net income increased 23% to $549 million and adjusted diluted earnings per share increased 26% to $2.17. The adjustments in the second quarter of 2018 were for legal settlement reserves, deal-related amortization and Kensho retention related expenses.

“We continued to provide the essential intelligence necessary to help our customers navigate market events including trade tensions, Brexit, MiFID II, and the unwinding of quantitative easing. Despite these uncertainties, global GDP growth continues to be strong and the Company delivered solid second quarter results,” said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. “Much like the first quarter, market volatility resulted in strong exchange-traded derivative revenue in our Index business and our Ratings business delivered top-line growth despite a decline in global bond issuance.”

Margin: The Company’s operating profit margin decreased 250 basis points to 42% due to an increase in legal reserves associated with settling the final significant financial crisis litigation. The adjusted operating profit margin increased 230 basis points to 49% due to revenue growth and operating leverage.

Page 1

The following information was filed by Sp Global Inc. (SPGI) on Thursday, July 26, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one quarter to another to evaluate Sp Global Inc.'s financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by Sp Global Inc..


Never Miss A New SEC Filing Again

Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.


We Highlighted This SEC Filing For You

SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.


Widen Your SEC Filing Reading Experience

Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view


Uncover Actionable Information Inside SEC Filings

SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q


Adobe PDF, Microsoft Word and Excel Downloads

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis


FREE Financial Statements

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Log in with your credentials


Forgot your details?

Create Account