UBS Raises Price Target on Moody’s Corp. (MCO) to $116 Following 2Q

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Moody's Corp. (MCO) Tops Q2 EPS by 2c, Reaffirms FY EPS Guidance

July 22, 2016 8:26 AM EDT

Moody's Corp. (NYSE: MCO) reported Q2 EPS of $1.30, $0.02 better than the analyst estimate of $1.28. Revenue for the quarter came in at $928.9 million versus the consensus estimate of $909.08 million.Moody's Corp. reaffirmed FY2016 guidance.

Reaffirming FY 2016 EPS guidance of $4.55 to $4.65; expecting to... More