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Moodys Earnings Miss, Revenue Beats In Q4 -Breaking

by Mike Robinson

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© Reuters. Moodys Earnings Miss, Revenue Beats In Q4

Moodys reports on Thursday that fourth quarter revenue exceeded expectations and forecasts were not met by Investing.com.

Moodys reported earnings per share at $2.33 for revenue $1.54B. Investing.com polled analysts and predicted EPS at $2.38 for revenue $1.5B.

Moodys shares have fallen 0% since the start of the year. However, they are still 15.86% below their 52-week high of $407.94 on November 1, 2021. They are outperforming the S&P 500 which is down 3.76% from the start of the year.

Moodys shares rose by 0.2% in premarket trade after the report.

Moodys reports on other financial sector earnings in this month’s Moodys

Moodys reports on JPMorgan’s earnings beat on January 14th, reporting EPS at $3.33 per share on revenue $29.26B. Forecasts for EPS at $3.01 were for revenue $29.78B.

Bank of America exceeded expectations by beating forecasts on January 19, posting fourth-quarter EPS of $0.82 on revenue of £22.06B. This compares to the $0.7652 expected on revenue of £22.18B.

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

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