Moody's Corporation Reports Results for Third Quarter 2016

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Moody's Corp. (MCO) Tops Q3 EPS by 16c; Update FY16 EPS Outlook; Offers Litigation Update

October 21, 2016 7:01 AM EDT

Moody's Corp. (NYSE: MCO) reported Q3 EPS of $1.34, $0.16 better than the analyst estimate of $1.18. Revenue for the quarter came in at $917.1 million versus the consensus estimate of $894.05 million.

Litigation Update:

Following the global credit crisis of 2008, Moodys has periodically received subpoenas and inquiries from... More