Moody’s Stock Rise Following Higher Than Expected Q2 Profit

Moody's Corporation (NYSE:MCO), synonymous with its objective credit ratings, rose, after it posted 2Q earnings that beat analysts' estimates.

In a statement issued today by New-York based Moody’s, the credit ratings company confirmed that its endeavors in the second quarter gleaned $172.5 million. This beat the estimates forwarded by four analysts surveyed by Bloomberg, exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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