MCO Stock Recent News

Moody's MCO shares are currently trading in the vicinity of a 52-week high of $465.30, touched on Aug 9. The stock has gained 17.9% this year against the industry's decline of 0.5%.

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) announced today that Stephen Tulenko, President of Moody's Analytics, will speak at the Oppenheimer Annual Technology, Internet and Communications Conference on Monday, August 12, 2024. Mr. Tulenko's presentation will begin at approximately 9:05 a.m. Eastern Time and the audio will be webcast live. The audio webcast will be accessible at Moody's Investor Relations website, ir.moodys.com. This event is conducted in compliance with Regula.

Moody's (MCO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Moody's (MCO) could produce exceptional returns because of its solid growth attributes.

The headline numbers for Moody's (MCO) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Moody's Corporation (NYSE:MCO ) Q2 2024 Results Conference Call July 23, 2024 1:00 PM ET Company Participants Shivani Kak - Head of Investor Relations Rob Fauber - President and Chief Executive Officer Noemie Heuland - Senior Vice President & Chief Financial Officer Conference Call Participants Owen Lau - Oppenheimer & Co. Andrew Nicholas - William Blair Greg Parrish - Morgan Stanley Manav Patnaik - Barclays Scott Wurtzel - Wolfe Research Alex Kramm - UBS Jeffrey Silber - BMO Capital Markets Andrew Steinerman - JPMorgan Ashish Sabadra - RBC Capital Markets George Tong - Goldman Sachs Craig Huber - Huber Research Partners Shlomo Rosenbaum - Stifel Faiza Alwy - Deutsche Bank Jeffrey Meuler - Baird Russell Quelch - Redburn Atlantic Heather Balsky - Bank of America Operator Good day, everyone, and welcome to the Moody's Corporation Second Quarter 2024 Earnings Call. At this time, I would like to inform you that, this conference is being recorded, and that all participants are in a listen-o

Shareholder remuneration includes increasing dividends and buybacks, with a slightly overvalued stock but a positive outlook for long-term investment. Moody's is experiencing a golden moment with record high share prices, beating EPS and revenue estimates, and revising guidance upwards. Moody's Analytics and Moody's Investors Service both saw growth in Q2 2024, with MIS achieving exceptional growth due to Leveraged Loans and High Yield Bonds.

Moody's (MCO) came out with quarterly earnings of $3.28 per share, beating the Zacks Consensus Estimate of $3.06 per share. This compares to earnings of $2.30 per share a year ago.

Steady improvement in global bond issuances and demand for analytics drive Moody's (MCO) Q2 earnings.

Duopolies like S&P Global and Moody's are strong investments. When Moody's reported Q1 earnings, we saw potential for growth in Q2. In this article, we discuss the new favorable developments for the company, while taking a look at its valuation.