
Moody's Corporation reported record-breaking third-quarter earnings, surpassing both revenue and earnings per share (EPS) forecasts. The company achieved a revenue of $1.81 billion against a forecast of $1.71 billion and an adjusted EPS of $3.21 compared to the expected $2.87. The strong performance was attributed to a surge in bond deals and steady growth in Moody's Analytics revenue, which has seen over 10% annual growth for the past five years. Additionally, Moody's has raised its full-year profit forecast, citing strong demand for its analytics services. Despite the positive results, Moody's stock traded down about 4% post-earnings.






Moody's Q3 Blowout: 23% Revenue Surge and Raised Guidance Signal More Gains Ahead $MCO #stocks #investing #valueinvesting # https://t.co/MH6M37Stz3
Moody's $MCO is trading down about -4% after earnings. Don't be fooled by the market action, Moody's delivered record growth, raised guidance, and beat on the top and bottom line. https://t.co/EktrOFCxGt
Moody’s reported third-quarter earnings that beat estimates and raised its annual outlook after a flurry of bond deals boosted its ratings business https://t.co/Je1JlAxWEB