Moody’s Reports Strong Q2 Earnings but Shares Decline Due to Revised Full-Year Guidance
Moody's Corporation (NYSE:MCO) reported better-than-expected second-quarter earnings and revenue growth, with adjusted EPS of $4.68 and revenue rising 15% year-over-year to $2.19 billion. However, the stock fell in premarket trading after management revised its full-year guidance downward slightly.
Tickers: $MCO
Topics: credit_ratings finance revenue_growth stock_performance