Moody`s Corp. (MCO) reported a profit for its first quarter that Increases, from the same period last year
The company's bottom line came in at $661 million, or $3.73 per share. This compares with $625 million, or $3.46 per share, last year.
Excluding items, Moody`s Corp. reported adjusted earnings of $767 million or $4.33 per share for the period.
The company's revenue for the period rose 8.1% to $2.079 billion from $1.924 billion last year.
Moody`s Corp. earnings at a glance (GAAP) :
-Earnings: $661 Mln. vs. $625 Mln. last year.-EPS: $3.73 vs. $3.46 last year.-Revenue: $2.079 Bln vs. $1.924 Bln last year.
-Guidance:Full year EPS guidance: $ 16.40 To $ 17.00
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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.