S&P GLOBAL completed an exceptional year with strong fourth quarter results 4th quarter and full-year revenue grew 14% and 7%, respectively, impacted by divestitures 4th quarter and full-year organic revenue increased 14% and 13%, respectively. Diluted EPS Decreased 50% to $1.02 in the 4th Quarter and 27% to $5.78 for the Full Year Adjusted Diluted EPS Increased 44% to $1.85 in the 4th Quarter and 29% to $6.89 for the Full Year $1.4 billion
The Company reported fourth quarter 2017 revenue of $1.59 billion, an increase of 14% compared to the same period last year. On an organic basis, fourth quarter revenue also increased 14% with growth in every business segment.
For the full year, revenue increased 7% to $6.06 billion. On an organic basis, full-year revenue increased 13%. 2017 net income decreased 29% to $1.50 billion and diluted earnings per share decreased 27% to $5.78. 2017 adjusted net income increased 26% to $1.78 billion and adjusted diluted earnings per share increased 29% to $6.89.
“S&P Global had an exceptional performance in 2017. At the beginning of 2017, we set out enterprise goals to deliver financial performance, improve operational excellence, enhance leadership and accountability, and thoughtfully deploy capital. Our employees around the world did a stellar job of helping us to achieve these goals,” said Douglas L. Peterson, President and Chief Executive Officer of S&P Global. He added, “In 2018, I expect additional progress as we continue to invest in new technologies, new products, new productivity initiatives, and new partnerships.”
Source: S&P Global Earnings Release