Acquisitions Benefit S&P Global (SPGI) Amid Rising Expenses

S&P Global (SPGI) has had an impressive run over the past three months. The stock has gained 14.4% compared with the 11.9% rally of the industry it belongs to and the 6% rise of the Zacks S&P 500 composite. SPGI has reported impressive second-quarter results. The adjusted EPS (excluding 82 cents from non-recurring items) of $4.04 surpassed the Zacks Consensus Estimate by 10.1% and increased 29.5% year over year. Revenues of$ 3.5 billion beat the consensus estimate by 3.4% and improved 14.5% year over year. ...