New York, Feb 05: Moody's Corp., the parent of credit rating agency Moody's Investors Service, on Wednesday said its quarterly profit climbed 22 percent, helped by better than expected revenue in US ratings sectors and the weak dollar. Moody's said net income in the fourth quarter totaled $85.5 million, or 56 cents per share, compared with $69.8 million, or 45 cents in the same period a year ago.
Analysts expected earnings of 55 cents per share.
Revenue jumped 29 percent to $350.7 million, it said. Bureau Report