Investing.com - Moody’s reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Moody’s announced earnings per share of $1.85 on revenue of $1.30. Analysts polled by Investing.com anticipated EPS of $2.10 on revenue of $1.38B.
Moody’s shares are down 13.16% from the beginning of the year and are trading at $244.98 , down-from-52-week-high.
Moody’s follows other major Financial sector earnings this month
Moody’s's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar