Moody's Q3 Earnings Beat Estimates on Solid Bond Issuance Volume

Moody's (MCO) reported third-quarter 2024 adjusted earnings of $3.21 per share, which handily outpaced the Zacks Consensus Estimate of$2.89. The bottom line surged 32% from the year-ago quarter figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.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 ...