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 $1.53B. Analysts polled by Investing.com anticipated EPS of $2.52 on revenue of $1.45B.
Moodys shares are up 34% from the beginning of the year and are trading at $385.02 , down-from-52-week-high.They are outperforming the S&P 500 which is up 21.18% from the start of the year.
Moodys shares lost 1.94% in pre-market trade the report.
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 $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on Tuesday, October 19, 2021 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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