Robust Global Bond Issuances to Aid Moody's (MCO) Q4 Earnings
Moody’s(MCO) Zacks Investment Research·2024-02-13 00:16
Moody's (MCO) is scheduled to announce fourth-quarter and full-year 2023 results on Feb 13, before the opening bell. The company’s Corporate Finance line, the largest revenue contributor at the Moody's Investors Service (“MIS”) division, is likely to have witnessed solid revenue performance in the to-be-reported quarter.Global issuance activity was robust in the fourth quarter of 2023 compared with the prior-year quarter. The issuance volume also got boosted by the tightening of corporate spreads in the lat ...