From TokenPost · · 40s
Moody's Shares Rise After Q3 Earnings
Moody's shares climb post-Q3 earnings report despite revenue miss.
In brief
Moody's shares climb post-Q3 earnings report despite revenue miss. Moody's shares rose after reporting third-quarter earnings below estimates, with adjusted diluted earnings at $4.14 per share and revenue at $2.023 billion. Originally reported by TokenPost.
Moody's Q3 Earnings Report
Moody's shares rose Wednesday after reporting third-quarter adjusted earnings and revenue below analyst estimates.
Earnings Figures
Adjusted diluted earnings were $4.14 per share versus $4.24 to $4.25 estimates, with revenue at $2.023 billion.
Business Performance
Moody's Investors Service revenue declined 1% to $1.087 billion while Analytics revenue rose 3% to $936 million.
What it means
Moody's shares rose after reporting third-quarter earnings below estimates, with adjusted diluted earnings at $4.14 per share and revenue at $2.023 billion.
