Moody's Q2 Adj EPS $2.30 Beats $2.24 Estimate, Sales $1.49B Beat $1.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
Moody's reported Q2 earnings of $2.30 per share, beating the analyst consensus estimate of $2.24 by 2.68%. This is a 3.6% increase from the same period last year. The company also reported quarterly sales of $1.49 billion, beating the analyst consensus estimate of $1.45 billion by 3.03%. This is an 8.18% increase from the same period last year.
July 25, 2023 | 11:04 am
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POSITIVE IMPACT
Moody's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Moody's reported better than expected Q2 earnings and sales, which is a positive signal to investors. This could lead to increased investor confidence and a potential increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100