Moody's had a somewhat disappointing fourth quarter, falling short of revenue expectations and not performing as well as S&P Global. However, they did offer positive forecasts for 2025, which was a major worry for investors before the earnings report. Still, the overall market decline affected Moody's, causing its stock to drop significantly.
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Moody's Corporation (NYSE:MCO) will hold its Q4 2024 Earnings Conference Call on February 13, 2025, at 11:30 AM ET. The call will feature key company leaders, including Shivani Kak, Rob Fauber, and Noémie Heuland, among others. Participants from various financial institutions will also join the call, and it is important to note that the session is being recorded and attendees are in listen-only mode.
The main figures for Moody's (MCO) provide an overview of the company's performance for the quarter that ended in December 2024. However, it could be useful to compare some important metrics with Wall Street predictions and the results from the same period last year.
Moody's (MCO) reported quarterly earnings of $2.62 per share, which is higher than the Zacks Consensus Estimate of $2.60 per share. This is an increase compared to last year's earnings of $2.19 per share.
Moody's Corporation (MCO) has a strong business model and has been in the industry for over 100 years, making it a trustworthy investment even during uncertain times. The company reported impressive results for Q3 '24, with a 23% increase in revenue and a 39% rise in earnings, and it has also raised its expectations for Q4. While there are some risks related to the economy, like possible market fluctuations from government policy changes, the long-term outlook for MCO is still positive.
Moody's (MCO) has the right mix of two important factors that could lead to better earnings in its next report. Be ready for the main expectations.
Moody's Corporation is well-recognized for its strong competitive advantage, which has led Warren Buffett to choose it as a long-term investment. Recent information about global debt indicates that Moody's is likely to have a successful fourth quarter and that 2025 looks promising. Additionally, the Stargate Project and the ongoing AI competition might serve as another hidden boost for Moody's.
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.
MCO plans to buy CAPE to enhance its position in the insurance industry. The agreement is expected to be finalized in the first quarter of 2025.