Investing.com - Moodys (NYSE:MCO) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.15 on revenue of $1.24B. Analysts polled by Investing.com expected EPS of $1.99 on revenue of $1.18B. That compared to EPS of $1.69 on revenue of $1.08B in the same period a year earlier. The company had reported EPS of $2.07 on revenue of $1.21B in the previous quarter.
For the year, Moodys shares are up 57.38%, outperforming the S&P 500 which is up 22.61% year to date.
Moodys follows other major Services sector earnings this month
On Thursday, October 24, 2019, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Visa A earnings beat analyst's expectations on Thursday, October 24, 2019, with fourth quarter EPS of $1.47 on revenue of $6.14B. Investing.com analysts expected EPS of $1.43 on revenue of $6.08B
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