Moody’s Cuts Earnings Outlook as Tariffs Weigh on Bond Sales
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Moody’s Corp., a company that grades bonds and analyzes corporations’ financial performance, said it expects to earn less this year than it had previously forecast, as tariff wars create tumult in markets, cutting into debt sales and acquisitions.
The ratings and analytics company said it now expects to earn between $13.25 and $14 a share this year, excluding the impact of items like restructuring. In mid-February, its forecast for adjusted earnings per share was between $14 and $14.50.