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Why Is Financial Services Firm Moody's Stock Rising Today?
Summary
Moody's Corp. (NYSE:MCO) shares rose after Q1 results beat expectations, with revenue up 7.7% to $1.92B and EPS of $3.83 topping estimates. Moody's Investors Service and Analytics divisions each posted 8% revenue growth. Operating margin improved to 51.7%. The company raised its dividend 11% and repurchased 0.8M shares.
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Read Full ArticleArticle published on April 22, 2025 by benzinga