Moody’s Corporation Misses On Top Line, Beats On Bottom

Moody’s Corporation Misses On Top Line, Beats On Bottom
By Moody's Corporation (Moody's Corporation) [Public domain], via Wikimedia Commons

Moody’s released the earnings results from its third fiscal quarter before opening bell this morning, posting earnings of $1.14 per share, a 14% year over year increase, on $834.9 million in revenue. Analysts had been looking for earnings of $1.07 per share on $849.88 million in revenue. In last year’s third quarter, the firm posted revenue of $816.1 million.

Moody’s revenue climbs in constant currencies

Moody’s revenue rose 2% on a reported basis and 7% in constant currencies. Operating income was flat year over year but up 5% in constant currencies at $349.7 million. Non-GAAP earnings were $1.11 per share.

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonhoeffer Fund returned 3.5% net of fees in July, for a year-to-date return of -15.8%.   Bonhoeffer Fund, LP, is a value-oriented private investment partnership for . . . SORRY! This content is exclusively for Read More

Moody’s Investors Service revenue was flat at $548.1 million but u