Moody's: Fourth Quarter Earnings Overview

Moody's Reports Strong Fourth-Quarter Results

Moody's Corporation, headquartered in New York, announced a net income of $610 million for the fourth quarter.

The company's earnings amounted to $3.41 per share, with adjusted earnings—excluding certain one-time items—coming in at $3.64 per share.

These figures surpassed analysts' expectations, as the consensus among eight analysts polled by Zacks Investment Research had projected earnings of $3.45 per share.

Moody's also reported quarterly revenue of $1.89 billion, exceeding the $1.88 billion anticipated by seven Zacks analysts.

Looking ahead, the credit ratings agency forecasts its full-year earnings to fall between $16.40 and $17 per share.