Moody`s Corp. Reports Advance In Q4 Profit

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Moody’s Corp. (MCO) announced a significant increase in its Q4 profit, with earnings rising to $610 million, or $3.41 per share, compared to $395 million, or $2.17 per share, last year. Excluding certain items, adjusted earnings were $651 million, or $3.64 per share. The company’s revenue also saw a 13.0% increase, reaching $1.889 billion for the quarter.

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