Moody’s earnings beat by $0.34, revenue topped estimates

investing.com 22/10/2024 - 11:02 AM

Moody’s Reports Strong Q3 Earnings

Investing.com – Moody’s (NYSE: MCO) reported third quarter EPS of $3.21, exceeding the analyst estimate of $2.87 by $0.34. Revenue for the quarter reached $1.81 billion, surpassing the consensus estimate of $1.71 billion.

Guidance

Moody’s anticipates FY 2024 EPS between $11.90 and $12.10, compared to the analyst consensus of $11.69.

Stock Performance

Moody’s stock closed at $486.96, rising 11.38% in the last three months and 57.57% over the past year. The company has seen 12 positive EPS revisions and no negative revisions in the last 90 days.

According to InvestingPro, Moody’s Financial Health score indicates "good performance".

For more details, check out Moody’s recent earnings performance and financials. Stay updated on upcoming earnings reports by visiting Investing.com's earnings calendar.




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