Strong Global Bond Issuances to Aid Moody's (MCO) Q1 Earnings
MCOMoody’s(MCO) Zacks Investment Research·2024-04-29 20:16

Moody's (MCO) is scheduled to announce first-quarter 2024 results on May 2, 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 first quarter of 2024, driven by historically tighter corporate spread and solid economic conditions. However, all through the quarter, yields ticked higher as th ...