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Market Impact: 0.35
Moody’s Earnings Fall Short of Estimates, Shares Decline
Source: Bloomberg
Corporate EarningsAnalyst EstimatesInterest Rates & YieldsCredit & Bond Markets
Moody’s quarterly results fell short of average analyst estimates as weaker revenue in its ratings business was attributed to rising yields weighing on corporate bond sales. Moody’s shares fell; the article gives no revenue, earnings, or share-price figures.
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