NEW YORK (AP) _ Moody's Corp. (MCO) on Tuesday reported second-quarter profit of $327 million.

On a per-share basis, the New York-based company said it had net income of $1.77. Earnings, adjusted for amortization costs and restructuring costs, came to $2.22 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.34 per share.

The credit ratings agency posted revenue of $1.38 billion in the period, which also fell short of Street forecasts. Seven analysts surveyed by Zacks expected $1.4 billion.

Moody's expects full-year earnings in the range of $9.20 to $9.70 per share.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MCO at https://www.zacks.com/ap/MCO

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