13.02.2024 13:07:21 - dpa-AFX: Moody`s Corp. Q4 Profit Increases, but misses estimates

WASHINGTON (dpa-AFX) - Moody`s Corp. (MCO) reported earnings for its fourth
quarter that increased from last year but missed the Street estimates.

The company's bottom line came in at $340 million, or $1.85 per share. This
compares with $246 million, or $1.34 per share, in last year's fourth quarter.

Excluding items, Moody`s Corp. reported adjusted earnings of $402 million or
$2.19 per share for the period.

Analysts on average had expected the company to earn $2.32 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 14.7% to $1.48 billion from $1.29
billion last year.

Moody`s Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $340 Mln. vs. $246 Mln. last year.
-EPS (Q4): $1.85 vs. $1.34 last year.
-Analyst Estimate: $2.32
-Revenue (Q4): $1.48 Bln vs. $1.29 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Moody's Corp 915246 NYSE 401,710 10.05.24 20:11:17 +0,180 +0,04% 401,490 401,800 395,680 401,530

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