For the quarter ended June 2024, Moody's (MCO) reported revenue of $1.82 billion, up 21.6% over the same period last year. EPS came in at $3.28, compared to $2.30 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.75 billion, representing a surprise of +3.69%. The company delivered an EPS surprise of +7.19%, with the consensus EPS estimate being $3.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form10-Q (Mark one) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-14037 ____________________ Moody's Corporation (Exact name of registrant as specified in its charter) Delaware 13- ...

Moody's Corporation (NYSE:MCO) Q2 2024 Results Conference Call July 23, 2024 1:00 PM ET Company Participants Shivani Kak - Head of Investor Relations Rob Fauber - President and Chief Executive Officer Noemie Heuland - Senior Vice President & Chief Financial Officer Conference Call Participants Owen Lau - Oppenheimer & Co. Andrew Nicholas - William Blair Greg Parrish - Morgan Stanley Manav Patnaik - Barclays Scott Wurtzel - Wolfe Research Alex Kramm - UBS Jeffrey Silber - BMO Capital Markets Andrew Steinerma ...

Chunumunu Moody's (NYSE:MCO) is having a golden moment, and its price per share continues to record new all-time highs. Q2 2024 was recently released and both EPS and revenue estimates were beaten: Expected EPS was $3.03 vs. the actual $3.38. Expected revenues were $1.72 billion vs. the actual $1.80 billion. In addition, guidance was revised upward again, further fueling Moody's golden moment. Despite various mixed signals (inverted yield curve and Sahm Rule), the U.S. economy remains resilient, as do ...

Moody's (MCO) came out with quarterly earnings of $3.28 per share, beating the Zacks Consensus Estimate of $3.06 per share. This compares to earnings of $2.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.19%. A quarter ago, it was expected that this credit ratings agency would post earnings of $3.06 per share when it actually produced earnings of $3.37, delivering a surprise of 10.13%.Over the last four quarters, the comp ...

Moody's (MCO) reported second-quarter 2024 adjusted earnings of $3.28 per share, which handily outpaced the Zacks Consensus Estimate of $3.06. The bottom line surged 43% from the year-ago quarter figure.Robust global bond issuance volumes and steady demand for analytics supported Moody’s results. The company’s liquidity position was robust during the quarter. However, an increase in operating expenses posed a headwind.After considering certain non-recurring items, net income attributable to Moody's was $522 ...

MOODY'S CORPORATION REPORTS RESULTS FOR SECOND QUARTER 2024 NEW YORK, NY - July 23, 2024 - Moody's Corporation (NYSE: MCO) today announced results for the second quarter of 2024, and updated select metrics within its outlook for full year 2024. | --- | --- | --- | |---------------------|-------------------|---------------------------| | Moody's Corporation | Moody's Analytics | Moody's Investors Service | | (MCO) Revenue | (MA) Revenue | (MIS) Revenue | | 2Q 2024 | 2Q 2024 | 2Q 2024 | | $1.8 billion ⇑ 22% | ...

fazon1 Duopolies are one of the best places to be invested in. One of the duopolies I have exposure to is the credit rating business. Alright, it actually has three main players, but two of them do get the lion's share of the market. I am talking about S&P Global (SPGI) and Moody's Corporation (NYSE:MCO). I currently own a stake in the former, initiated in October 2023 and then increased after its Q1 earnings report, which made it trade down a bit. At the same time, I keep a close eye on Moody's, as I c ...

Moody's (MCO) is scheduled to announce second-quarter 2024 results on Jul 23, before the opening bell. The company’s Corporate Finance line, the largest revenue contributor at the Moody's Investors Service (“MIS”) division, is likely to have witnessed solid revenue growth in the to-be-reported quarter.Following the robust first-quarter performance, global issuance activity continued to be strong in the second quarter of 2024, driven by historically tighter corporate debt spread.All three sub-categories with ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...