Moodys (MCO) Stock

Moody's (MCO) could see an increase in its stock price due to rising confidence in its earnings potential, as indicated by its upgrade to a Zacks Rank #2 (Buy).

MCO has purchased Numerated Growth, which enhances Moody's Lending Suite. This acquisition provides banking clients with a complete solution for loan origination and monitoring.

Moody's (MCO) shared its earnings report 30 days ago. What can we expect for the stock moving forward?

In the second quarter of 2024, there were about 100 announcements of stock splits from a total of 11,000 global stocks.

Moody's (MCO) is likely to do better than the market because it shows stronger growth in its financial performance.

Moody's Corporation's earnings report for the third quarter revealed strong results and positive forecasts. The growth in different areas is strong, and profit margins are healthy. The return to normal in mergers and acquisitions, growth in private debt, and new services in catastrophe insurance analytics bring a sense of optimism.

Moody's (MCO) reported quarterly earnings of $3.21 per share, which is higher than the Zacks Consensus Estimate of $2.89 per share. This is an increase compared to last year's earnings of $2.43 per share.

Moody's (MCO) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Instead of just focusing on Wall Street's predictions for Moody's (MCO), take a closer look at some important metrics to better understand how the company might perform in the quarter that ended in September 2024. This will provide a more comprehensive view of its potential.