Strong Global Bond Issuances to Aid Moody's (MCO) Q2 Earnings

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 ...