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Moodys Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Moodys Beats Q3 Revenue and Earnings

Moodys, Investing.com reported Thursday the results of its third quarter. They beat forecasts by analysts and generated revenue above expectations.

Moodys reported earnings per share at $2.69 for revenue $1.53B. Investing.com polled analyst to predict EPS of 2.52 for $1.45B in revenue.

Moodys shares have risen 34% since the start of the year. However, they are still down 0.699% from their 52-week high of $395.39 on October 27, which was $395.39. They are outperforming the S&P 500 which is up 21.18% from the start of the year.

Moodys stock lost 1.94% pre-market trade after the report.

Moodys is following other important earnings from the Services sector this month

Moodys reports on Tuesday’s earnings beat by Visa A, which reported EPS at $1.62 per share on $6.56B in revenue, as opposed to the forecasts of EPS at $1.55 for $6.52B.

Netflix beat all expectations with third-quarter EPS at $3.19 on $7.48B in revenue, as opposed to the forecast of EPS at $2.57 for $7.48B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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