Earnings Estimates Moving Higher for Moody's (MCO): Time to Buy?
Moody’s(MCO) 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 ...