Moody's Earnings Preview

Moody's MCO is preparing to release its quarterly earnings on Tuesday, 2024-10-22. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Moody's to report an earnings per share (EPS) of $2.62.

The announcement from Moody's is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

The company's EPS beat by $0.26 in the last quarter, leading to a 4.0% drop in the share price on the following day.

Here's a look at Moody's's past performance and the resulting price change:

Moody's Share Price Analysis

Shares of Moody's were trading at $488.46 as of October 18. Over the last 52-week period, shares are up 58.99%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Moody's visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.