Moody's Corp expected to post earnings of $3.02 a share - Earnings Preview

Moodys

19/07/2024 13:32

* Moody's Corp  MCO.N   MCO  is expected to show a rise in
quarterly revenue when it reports  results on July 23 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
15.5% increase in revenue to $1.725 billion from $1.49 billion a
year ago, according to the mean estimate from 15 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Moody's Corp is for
earnings
of $3.02 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Moody's
Corp is
$437.00​, below​ its last closing price of $448.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001               3.04       3.37      Beat    11
 Jan. 1 0001   2.31        2.32       2.19      Missed  -5.5
 Sep. 30 2023  2.30        2.30       2.43      Beat    5.8​
 Jun. 30 2023  2.28        2.24       2.30      Beat    2.5
 ​​Jan.        2.25        2.20       2.99      Beat    36.1
 1 0001                                                 
 Jan. 1 0001   1.42        1.44       1.60      Beat    11.4​
 Sep. 30 2022  1.99        2.06       1.85      Missed  -10
 Jan. 1 0001   2.29        2.30       2.22      Missed  -3.6
 This summary was machine generated July 19 at 12:32 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)