Investing.com - Moodys (NYSE:MCO) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Moodys announced earnings per share of $2.69 on revenue of $1.36B. Analysts polled by Investing.com anticipated EPS of $2.1 on revenue of $1.22B.
Moodys shares are up 10% from the beginning of the year and are trading at $261.86 , down-from-52-week-high.They are outperforming the S&P 500 which is up 1.25% 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 Wednesday, who reported EPS of $1.12 on revenue of $5.1B, compared to forecasts EPS of $1.09 on revenue of $5B.
Verizon had beat expectations on Wednesday, October 21, 2020 with third quarter EPS of $1.25 on revenue of $31.5B, compared to forecast for EPS of $1.22 on revenue of $31.59B.
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