Moody’s Earnings, Revenue Miss in Q2

Moody’s reported on second-quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Moody’s announced earnings per share of $2.22 on revenue of $1.38B. Moody’s shares are down 5% from the beginning of the year, still down 28.77% from its 52-week high of $407.94 set on November 1, 2021. They are outperforming the S&P 500, down 16.77% from the start of the year.