Investing.com - Moodys (NYSE:MCO) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Moodys announced earnings per share of $4.06 on revenue of $1.60B. Analysts polled by Investing.com anticipated EPS of $2.81 on revenue of $1.43B.
Moodys shares are up 7.46% from the beginning of the year and are trading at $326.40 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.47% from the start of the year.
Moodys follows other major Services sector earnings this month
Moodys's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.38 on revenue of $5.73B, compared to forecasts EPS of $1.27 on revenue of $5.56B.
Verizon had beat expectations on Wednesday, April 21, 2021 with first quarter EPS of $1.31 on revenue of $32.9B, compared to forecast for EPS of $1.29 on revenue of $32.46B.
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