Moody's Q2 Earnings Beat Estimates, Revenues & Expenses Rise Y/Y
Key Takeaways Moody's reported Q2 adjusted EPS of 1.90B, led by 10.5% growth in MA on strong demand for data and insights. Expenses rose 3.6% y/y and MCO repurchased 0.6M shares at an average price of 3.56 per share, which outpaced the Zacks Consensus Estimate of $3.44. The bottom line grew 8.5% from the year-ago quarter figure.The results were primarily aided b ...