April 27, 2011 / 11:27 AM / 7 years ago

Moody's first-quarter profit rises year-on-year

NEW YORK, April 27 (Reuters) - Ratings company Moody’s Corp (MCO.N) posted a higher first-quarter profit as corporate bond issuance increased.

    Net income attributable to Moody’s Corp rose to $155.5 million from $113.4 million a year earlier, and per-share earnings rose to 67 cents from 47 cents on a diluted basis. Revenue rose to $577.1 million from $476.6 million.

    Moody’s raised its full-year 2011 earnings forecast to a range of $2.22 to $2.32 per share. (Reporting by Clare Baldwin; Editing by Lisa Von Ahn)

    0 : 0
    • narrow-browser-and-phone
    • medium-browser-and-portrait-tablet
    • landscape-tablet
    • medium-wide-browser
    • wide-browser-and-larger
    • medium-browser-and-landscape-tablet
    • medium-wide-browser-and-larger
    • above-phone
    • portrait-tablet-and-above
    • above-portrait-tablet
    • landscape-tablet-and-above
    • landscape-tablet-and-medium-wide-browser
    • portrait-tablet-and-below
    • landscape-tablet-and-below