Moody`s Corp. Earnings Retreat 8% In Q4

(RTTNews) - Moody`s Corp. (MCO) announced a profit for fourth quarter that fell compared to the same period last year.

The company said its profit dropped to $217.9 million, or $1.09 per share. This was down from $236.3 million, or $1.12 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.3% to $865.9 million. This was down from $877.5 million last year.

Moody`s Corp. earnings at a glance:

-Earnings (Q4): $217.9 Mln. vs. $236.3 Mln. last year. -Earnings Decline (Y-o-Y): -7.8% -EPS (Q4): $1.09 vs. $1.12 last year. -EPS Decline (Y-o-Y): -2.7% -Analysts Estimate: $1.05 -Revenue (Q4): $865.9 Mln vs. $877.5 Mln last year. -Revenue Change (Y-o-Y): -1.3%