EarningsMoody'sWorld News

Moodys Earnings, Revenue Beat in Q3


Investing.com - Financial Markets Worldwide

Please try another search

investing newStock Markets37 minutes ago (Oct 28, 2021 07:56AM ET)

Moodys Earnings, Revenue Beat in Q3
© Reuters. Moodys Earnings, Revenue Beat in Q3

Investing.com – Moodys reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Moodys announced earnings per share of $2.69 on revenue of $1.53B. Analysts polled by Investing.com anticipated EPS of $2.52 on revenue of $1.45B.

Moodys shares are up 34% from the beginning of the year, still down 0.69% from its 52 week high of $395.39 set on October 27. They are outperforming the S&P 500 which is up 21.18% from the start of the year.

Moodys shares lost 1.94% in pre-market trade following the report.

Moodys follows other major Services sector earnings this month

Moodys’s report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.

Netflix had beat expectations on October 19 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Related Articles

Stocks dawdle ahead of U.S. growth data after ECB holds fire

Stocks dawdle ahead of U.S. growth data after ECB holds fire
By Reuters – Oct 28, 2021
8

By Huw Jones LONDON (Reuters) – Global shares tracked sideways near record highs on Thursday, with the European Central Bank making no change to monetary policy, leaving investors…

Gold miner Newmont cuts output target on pandemic hit, operational snags

Gold miner Newmont cuts output target on pandemic hit, operational snags
By Reuters – Oct 28, 2021
1

(Reuters) -Newmont Corp, the world’s top gold producer, cut its annual production target by 500,000 ounces on Thursday, citing a hit from the COVID-19 pandemic and other…

T Rowe Price to expand into alternative investments with $4.2 billion Oak Hill deal

T Rowe Price to expand into alternative investments with $4.2 billion Oak Hill deal
By Reuters – Oct 28, 2021

(Reuters) -Asset management firm T Rowe Price (NASDAQ:TROW) on Thursday agreed to buy fund manager Oak Hill Advisors in a $4.2 billion deal as it looks to expand its footprint in…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

tp

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close