NEW YORK (AP) _ Moody's Corp. (MCO) on Tuesday reported third-quarter net income of $303 million.

On a per-share basis, the New York-based company said it had profit of $1.65. Earnings, adjusted for costs related to mergers and acquisitions, came to $1.85 per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.

The credit ratings agency posted revenue of $1.27 billion in the period, also missing Street forecasts. Seven analysts surveyed by Zacks expected $1.34 billion.

Moody's expects full-year earnings in the range of $8.20 to $8.50 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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