Investing.com - Moodys reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Moodys announced earnings per share of $2.81 on revenue of $1.44B. Analysts polled by Investing.com anticipated EPS of $2.14 on revenue of $1.22B.
Moodys shares are up 22% from the beginning of the year , still down 1.76% from its 52 week high of $296.59 set on July 9. They are outperforming the S&P 500 which is up 0.86% 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 $1.06 on revenue of $4.84B, compared to forecasts EPS of $1.03 on revenue of $4.82B.
Verizon had beat expectations on July 24 with second quarter EPS of $1.18 on revenue of $30.45B, compared to forecast for EPS of $1.15 on revenue of $29.92B.
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