Moody's (NYSE:MCO) reported its Q1 earnings results on Monday, May 2, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Moody's missed estimated earnings by 0.34%, reporting an EPS of $2.89 versus an estimate of $2.9.
Revenue was down $78.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.05 which was followed by a 5.1% drop in the share price the next day.
Here's a look at Moody's's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.38 | 2.52 | 2.74 | 2.82 |
| EPS Actual | 2.33 | 2.69 | 3.22 | 4.06 |
| Revenue Estimate | 1.51B | 1.45B | 1.47B | 1.43B |
| Revenue Actual | 1.54B | 1.53B | 1.55B | 1.60B |
To track all earnings releases for Moody's visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
