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Why Is Moody's (MCO) Up 9.6% Since Last Earnings Report?
ZACKS· 2024-08-23 00:36
A month has gone by since the last earnings report for Moody's (MCO) . Shares have added about 9.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Moody's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Moody's Q2 Earnings Beat on Solid Bond Issuance VolumeMoody' ...
3 Reasons Why Growth Investors Shouldn't Overlook Moody's (MCO)
ZACKS· 2024-08-20 01:46
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth ...
Moody's (MCO) Trades Near 52-Week High: Time to Buy the Stock?
ZACKS· 2024-08-13 21:32
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%.The stock has outperformed peers like S&P Global Inc. (SPGI) , Dun & Bradstreet Holdings, Inc. (DNB) and MSCI Inc. (MSCI) in the same period. Price Performance Image Source: Zacks Investment ResearchLet’s first try to understand what’s behind this share price rise and then we discuss whether the MCO stock has the potential to r ...
Earnings Estimates Moving Higher for Moody's (MCO): Time to Buy?
ZACKS· 2024-08-01 01:20
Investors might want to bet on Moody's (MCO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.Analysts' growing optimism on the earnings prospects of this credit ratings agency is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estim ...
Is Moody's (MCO) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2024-07-27 01:46
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...
Moody's (MCO) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-25 09:31
For the quarter ended June 2024, Moody's (MCO) reported revenue of $1.82 billion, up 21.6% over the same period last year. EPS came in at $3.28, compared to $2.30 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.75 billion, representing a surprise of +3.69%. The company delivered an EPS surprise of +7.19%, with the consensus EPS estimate being $3.06.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...
Moody’s(MCO) - 2024 Q2 - Quarterly Report
2024-07-25 04:26
财务业绩 - 2024年上半年收入预计为36.03亿美元,较2023年上半年增长21.6%[53] - 2024年上半年净利润预计为11.30亿美元,较2023年上半年增长28.7%[53] - 2023年上半年收入为29.64亿美元,较2022年同期增长0.7%[53] - 2023年上半年净利润为8.78亿美元,较2022年同期增长29.5%[53] - 2024年上半年每股收益预计为6.16美元,较2023年上半年增长29.1%[53] - 2023年上半年每股收益为4.77美元,较2022年同期增长29.1%[53] - 2024年上半年营业收入中经常性收入占比预计为73.6%[44] - 2023年上半年营业收入中经常性收入占比为72.2%[44] - 2024年上半年营业利润率预计为43.7%[53] - 2023年上半年营业利润率为37.2%[53] - 2024年6月30日现金及现金等价物为26.35亿美元,较2023年12月31日的21.30亿美元增加了5.05亿美元[64] - 2024年6月30日总资产为150.13亿美元,较2023年12月31日的146.22亿美元增加了3.91亿美元[61] - 2024年上半年营业收入为11.30亿美元,较2023年同期的8.78亿美元增加了2.52亿美元[64] - 2024年上半年经营活动产生的现金流量净额为14.61亿美元,较2023年同期的12.12亿美元增加了2.49亿美元[64] - 2024年上半年资本性支出为1.71亿美元,较2023年同期的1.27亿美元增加了0.44亿美元[64] - 2024年6月30日长期债务为62.53亿美元,较2023年12月31日的70.01亿美元减少了7.48亿美元[61] - 2024年上半年股票回购支出为4.84亿美元,较2023年同期的1.72亿美元增加了3.12亿美元[64] - 2024年上半年派发股利3.09亿美元,较2023年同期的2.83亿美元增加了0.26亿美元[64] - 2024年6月30日权益总额为39.38亿美元,较2023年12月31日的34.76亿美元增加了4.62亿美元[61] - 2024年6月30日商誉为58.91亿美元,较2023年12月31日的59.56亿美元减少了0.65亿美元[61] 业务表现 - 公司在MA业务中,决策解决方案(DS)收入为7.31亿美元,同比增长9.4%[75] - 公司在MA业务中,研究与洞见(R&I)收入为4.48亿美元,同比增长3.7%[75] - 公司在MA业务中,数据与信息(D&I)收入为4.22亿美元,同比增长9.9%[75] - 公司在MIS业务中,企业金融(CFG)收入为10.54亿美元,同比增长46.2%[75] - 公司在MIS业务中,结构融资(SFG)收入为2.45亿美元,同比增长21.9%[75] - 公司在MIS业务中,金融机构(FIG)收入为3.90亿美元,同比增长35.9%[75] - 公司在MIS业务中,公共、项目和基础设施融资(PPIF)收入为2.95亿美元,同比增长15.2%[75] - 公司总收入为36.03亿美元,同比增长21.6%[75] - 公司在2023年第四季度重新分类了部分地区收入[77] - 公司总收入为36.03亿美元,同比增长21.2%[82] - 美国市场收入为15.38亿美元,占总收入的42.7%[82] - 非美国市场收入为14.26亿美元,占总收入的39.5%[82] - 决策解决方案业务收入为7.31亿美元,同比增长9.5%[82] - 研究与洞察业务收入为4.48亿美元,同比增长7.4%[82] - 数据与信息业务收入为4.22亿美元,同比增长9.9%[82] - 企业金融评级业务收入为10.54亿美元,同比增长45.8%[82] - 结构融资评级业务收入为2.45亿美元,同比增长21.8%[82] - 金融机构评级业务收入为3.9亿美元,同比增长35.2%[82] - 公共、项目和基础设施融资评级业务收入为2.95亿美元,同比增长16.5%[82] 收入确认和应收款 - 公司三个月和六个月期间的收入确认情况[88][89] - 截至2024年6月30日的未开票应收款和递延收入情况[90][91][92][94] - 截至2024年6月30日的剩余履约义务情况[96] 税务和股权 - 2023年和2024年上半年的股票激励费用和相关税收抵免情况[97][98][99][101] - 2024年和2023年上半年的所得税费用率及其变动原因[102][103][104] - 2024年起新的全球最低税率规则对公司的影响[105] - 公司基本股数和稀释股数的调节[106][107] 现金管理和套期保值 - 公司现金等价物和投资的构成情况[108][109][110][111][112] - 公司使用利率掉期合约作为公允价值套期保值的情况[114][115][116][117][119] - 公司使用债务作为净投资套期保值的情况[120][121][122][123][124][125][126][127] - 公司套期保值工具产生的收益和损失情况[128] - 公司的外汇远期合约用于对冲某些资产和负债的汇率变动[133][2] - 公司使用总收益互换合约来对冲与递延薪酬计划相关的市场风险变动[136][3] - 公司持有的跨货币互换合约和长期债务被指定为净投资套期工具[132][4] - 公司持有的利率互换合约被指定为现
Moody’s(MCO) - 2024 Q2 - Earnings Call Transcript
2024-07-24 04:07
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 Steinerma ...
Moody's: Q2 2024 Fuels Its Golden Period
Seeking Alpha· 2024-07-24 04:00
Chunumunu Moody's (NYSE:MCO) is having a golden moment, and its price per share continues to record new all-time highs. Q2 2024 was recently released and both EPS and revenue estimates were beaten: Expected EPS was $3.03 vs. the actual $3.38. Expected revenues were $1.72 billion vs. the actual $1.80 billion. In addition, guidance was revised upward again, further fueling Moody's golden moment. Despite various mixed signals (inverted yield curve and Sahm Rule), the U.S. economy remains resilient, as do ...
Moody's (MCO) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-23 21:11
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. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.19%. A quarter ago, it was expected that this credit ratings agency would post earnings of $3.06 per share when it actually produced earnings of $3.37, delivering a surprise of 10.13%.Over the last four quarters, the comp ...