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Moody's Profit Tops Estimates in Sign of Credit Market's Rebound

Moody's Profit Tops Estimates in Sign of Credit Market's Rebound

Bloomberg5 days ago
Moody's Corp., a bond grader and financial data provider, reported second-quarter revenue that beat analysts' estimates, underscoring credit markets' relatively quick recovery from April's tariff-fueled tumult.
Moody's adjusted earnings per share of $3.56 topped analysts' forecasts of $3.38. Its second-quarter revenue came in at $1.9 billion or 4.5% higher year-over-year. The company also lifted the lower end of its 2025 profit guidance that it had reduced in April, and said it expects revenue from its ratings unit to increase this year.
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