Investing.com - S&P Global (NYSE:SPGI) reported first quarter earnings that missed analysts' expectations on Thursday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.11 on revenue of $1.57B. Analysts polled by Investing.com forecast EPS of $2.12 on revenue of $1.6B. That compared to EPS of $2 on revenue of $1.57B in the same period a year earlier. The company had reported EPS of $2.22 on revenue of $1.52B in the previous quarter.
For the year, S&P Global shares are up 29.13%, outperforming the S&P 500 which is up 18.04% year to date.
S&P Global follows other major Services sector earnings this month
On Thursday, April 25, 2019, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.68B.
Visa A earnings beat analyst's expectations on Wednesday, April 24, 2019, with second quarter EPS of $1.31 on revenue of $5.49B. Investing.com analysts expected EPS of $1.24 on revenue of $5.46B
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