Moody`s Corp. (MCO) reported earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's earnings came in at $646 million, or $3.60 per share. This compares with $534 million, or $2.93 per share, last year.
Excluding items, Moody`s Corp. reported adjusted earnings of $704 million or $3.92 per share for the period.
Analysts on average had expected the company to earn $3.68 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 10.7% to $2.007 billion from $1.813 billion last year.
Moody`s Corp. earnings at a glance (GAAP) :
-Earnings: $646 Mln. vs. $534 Mln. last year.-EPS: $3.60 vs. $2.93 last year.-Revenue: $2.007 Bln vs. $1.813 Bln last year.
-Guidance:Full year EPS guidance: $14.50 - $14.75
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.