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Moody's Corp. (MCO) revealed earnings for its first quarter that advanced from last year.


RTTNews | Apr 28, 2021 07:22AM EDT

07:22 Wednesday, April 28, 2021 (RTTNews.com) - Moody's Corp. (MCO) revealed earnings for its first quarter that advanced from last year.

The company's profit totaled $736 million, or $3.90 per share. This compares with $488 million, or $2.57 per share, in last year's first quarter.

Excluding items, Moody's Corp. reported adjusted earnings of $765 million or $4.06 per share for the period.

The company's revenue for the quarter rose 24.0% to $1.6 billion from $1.29 billion last year.

Moody's Corp. earnings at a glance:

-Earnings (Q1): $765 Mln. vs. $518 Mln. last year.-EPS (Q1): $4.06 vs. $2.73 last year.-Revenue (Q1): $1.6 Bln vs. $1.29 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3189039/moody-s-corp-q1-adjusted-earnings-of-4-06-per-share.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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