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NEW YORK - On Wednesday, Moody’s Corporation (NYSE:MCO) reported third quarter earnings that exceeded analyst expectations, with revenue growing 8% compared to the same period last year.
The company’s shares rose 1.87% in pre-market trading following the announcement.
The credit ratings and financial analytics provider posted adjusted earnings per share of $3.92 for the third quarter, surpassing the analyst consensus estimate of $3.67 by $0.25. Revenue came in at $2.01 billion, above the $1.95 billion analysts had projected.
"The power of the Moody’s franchise was on full display this quarter, with strong top-line growth and significant operating leverage," said Rob Fauber, President and Chief Executive Officer of Moody’s. "The investments we’ve made to capitalize on several deep currents are paying off – enabling us to better serve our customers while giving us the financial flexibility to pursue key growth opportunities."
The company highlighted that its strategic investments have resulted in significant margin expansion and clear business momentum. Moody’s updated select metrics within its full-year 2025 outlook, though specific guidance figures weren’t provided in the release.
Moody’s operates globally with approximately 16,000 employees across more than 40 countries, providing data, insights, and technologies that help customers develop comprehensive views of market risks and opportunities.
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