Moody's Corporation Reports Results for Third Quarter of 2007.
Business Wire (October 24, 2007)
Financial report
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Moody's Corporation Reports Results for Third Quarter of 2007.
* Revenue increased 6% from 3Q-06; Operating Income and EPS down 7%
* Revenue growth in global corporate finance and research offset declines in structured finance * Full year revenue guidance revised downward to high-single-digit to double-digit percent growth and EPS to mid- to high-single-digit percent growth NEW YORK -- Moody's Corporation (NYSE: MCO) today announced results for the third quarter of 2007. Summary of Results for Third Quarter 2007 Moody's reported revenue of $525.0 million for the three months ended September 30, 2007, an increase of 6% from $495.5 million for the same quarter of 2006. Operating income for the quarter was $250.5 million and declined 7% from $268.8 million for the same period of last year. Diluted earnings per share were $0.51 in 2007 versus $0.55 in 2006, or a...Try vLex for FREE for 3 days
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