Moody’s ( (MCO) ) has provided an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Moody’s Corporation reported a stellar third quarter in 2024, with revenue surging by 23% to $1.8 billion, driven by strong performances across its divisions. Moody’s Investors Service led the charge with a 41% revenue increase, while Moody’s Analytics saw a 7% rise. The third quarter’s diluted EPS rose 39% to $2.93, reflecting robust transactional activity and strategic investments. With these results, Moody’s has raised its full-year EPS guidance, highlighting its dominant position in the financial markets.
See more data about MCO stock on TipRanks’ Stock Analysis page.