Investing.com - Moodys reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Moodys announced earnings per share of $2.33 on revenue of $1.54B. Analysts polled by Investing.com anticipated EPS of $2.38 on revenue of $1.5B.
Moodys shares are down 0% from the beginning of the year, still down 15.86% from its 52 week high of $407.94 set on November 1, 2021. They are outperforming the S&P 500 which is down 3.76% from the start of the year.
Moodys shares gained 0.22% in pre-market trade following the report.
Moodys follows other major Financial sector earnings this month
Moodys's report follows an earnings beat by JPMorgan on January 14, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3.01 on revenue of $29.78B.
Bank of America had beat expectations on January 19 with fourth quarter EPS of $0.82 on revenue of $22.06B, compared to forecast for EPS of $0.7652 on revenue of $22.18B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar