Moody's Corporation (MCO) reported quarterly earnings results on Friday, Apr-29-2016. The company reported $0.93 earnings per share for the quarter, missing the analyst consensus estimate by $-0.14. Analysts had a consensus of $1.07. The company posted revenue of $816.10 million in the period, compared to analysts expectations of $855.29 million. The company’s revenue was down -4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS.
Moody's Corporation opened for trading at $99.1 and hit $100.13 on the upside on Wednesday, eventually ending the session at $99.8, with a gain of 0.11% or 0.11 points. The heightened volatility saw the trading volume jump to 6,67,628 shares. Company has a market cap of $19,451 M.
In a different news, on Feb 5, 2016, Joseph J Mccabe (SVP-Corporate Controller) sold 12,500 shares at $85.23 per share price. According to the SEC, on Feb 5, 2016, Linda Huber (Executive VP and CFO) sold 45,000 shares at $85.19 per share price. On Jan 4, 2016, Darrell Duffie (director) sold 500 shares at $100.80 per share price, according to the Form-4 filing with the securities and exchange commission.
Moody’s Corporation (Moody’s) is a provider of credit ratings; credit capital markets and economic related research data and analytical tools; software solutions and related risk management services; quantitative credit risk measures financial services training and certification services and outsourced research and analytical services to financial institution customers. The Company operates in two segments: Moody’s Investors Service (MIS) and Moody’s Analytics (MA). The Company’s MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world including various corporate and Governmental obligations structured finance securities and commercial paper programs. The Company’s MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.