The exciting news about Moody's Corporation (NYSE: MCO) will be shared on Tuesday 22nd October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
Based on the predictions of financial experts on Wall Street, the company is expected to reveal an anticipated $2.86 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $1.7 billion for the quarter.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $6.83 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $11.67 during the fiscal year.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $2.43. Moreover, the company generated a total revenue of $1.47 billion during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.28 | +42.6% | 1.82 B | +21.6% |
| Q1 2024 | $3.37 | +12.7% | 1.79 B | +21.5% |
| Q4 2023 | $2.19 | +36.9% | 1.48 B | +14.7% |
| Q3 2023 | $2.43 | +31.4% | 1.47 B | +15.5% |
| Q2 2023 | $2.30 | +3.6% | 1.49 B | +8.2% |
| *Growth on year-over-year basis | ||||
MCO has scheduled a conference call on 22nd October 2024 at 11:30 AM eastern time to discuss the third quarter financial results and other related information.
During Friday's trading, Moody's (MCO) shares reached a low of $483.96 and a high of $489.01, along with a total volume of 656.00 thousand shares. The stock ended the regular trading session at $488.46, reflecting a gain of 0.48 percent.
