Moodys Earnings Miss, Revenue Beats In Q1
2022.05.02 14:17
Moodys Earnings Miss, Revenue Beats In Q1
Investing.com – Moodys reported on Monday first quarter earnings that missed analysts’ forecasts and revenue that topped expectations.
Moodys announced earnings per share of $2.89 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $2.9 on revenue of $1.51B.
Moodys shares are down 18% from the beginning of the year, still down 22.42% from its 52 week high of $407.94 set on November 1, 2021. They are under-performing the S&P 500 which is down 13.31% from the start of the year.
Moodys follows other major Financial sector earnings this month
Moodys’s report follows an earnings beat by Berkshire Hathaway A on Saturday, who reported EPS of $2632.28 on revenue of $68.83B, compared to forecasts EPS of $4,309.9 on revenue of $70.19B.
JPMorgan had missed expectations on April 13 with first quarter EPS of $2.63 on revenue of $30.72B, compared to forecast for EPS of $2.7 on revenue of $30.66B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
