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Unlocking Q4 Potential of Moody's (MCO): Exploring Wall Street Estimates for Key Metrics
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Analysts on Wall Street project that Moody's (MCO - Free Report) will announce quarterly earnings of $2.34 per share in its forthcoming report, representing an increase of 46.3% year over year. Revenues are projected to reach $1.49 billion, increasing 15.5% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Moody's metrics that Wall Street analysts commonly model and monitor.
Analysts forecast 'Revenue- Total external customers- Moody's Analytics' to reach $796.64 million. The estimate indicates a year-over-year change of +11.6%.
The consensus estimate for 'Revenue- Total external customers- Moody's investor services' stands at $686.62 million. The estimate suggests a change of +19.2% year over year.
The combined assessment of analysts suggests that 'Revenue- Moody's investor services- Relationship' will likely reach $313.18 million. The estimate points to a change of +4.7% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Moody's investor services- Transaction' should come in at $373.41 million. The estimate points to a change of +34.8% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Moody's investor services' will reach $731.44 million. The estimate suggests a change of +17.8% year over year.
Analysts predict that the 'Revenue- Moody's Analytics' will reach $799.71 million. The estimate suggests a change of +11.5% year over year.
Analysts expect 'Revenue- Moody's investor services- Public, project and infrastructure finance' to come in at $115.29 million. The estimate indicates a year-over-year change of +22.7%.
The average prediction of analysts places 'Revenue- Moody's investor services- Financial institutions' at $123.18 million. The estimate points to a change of +0.2% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Moody's investor services- Structured finance' will reach $108.14 million. The estimate indicates a year-over-year change of +15.1%.
Based on the collective assessment of analysts, 'Revenue- Moody's investor services- Corporate finance' should arrive at $321.95 million. The estimate indicates a year-over-year change of +27.3%.
Analysts' assessment points toward 'Revenue- Moody's investor services- MIS Other' reaching $10.32 million. The estimate suggests a change of -14% year over year.
The collective assessment of analysts points to an estimated 'Adjusted Operating income / (loss)- Moody's Analytics' of $256.07 million. The estimate is in contrast to the year-ago figure of $203 million.
Shares of Moody's have demonstrated returns of +7.5% over the past month compared to the Zacks S&P 500 composite's +6.5% change. With a Zacks Rank #3 (Hold), MCO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Unlocking Q4 Potential of Moody's (MCO): Exploring Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Moody's (MCO - Free Report) will announce quarterly earnings of $2.34 per share in its forthcoming report, representing an increase of 46.3% year over year. Revenues are projected to reach $1.49 billion, increasing 15.5% from the same quarter last year.
Over the last 30 days, there has been an upward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
That said, let's delve into the average estimates of some Moody's metrics that Wall Street analysts commonly model and monitor.
Analysts forecast 'Revenue- Total external customers- Moody's Analytics' to reach $796.64 million. The estimate indicates a year-over-year change of +11.6%.
The consensus estimate for 'Revenue- Total external customers- Moody's investor services' stands at $686.62 million. The estimate suggests a change of +19.2% year over year.
The combined assessment of analysts suggests that 'Revenue- Moody's investor services- Relationship' will likely reach $313.18 million. The estimate points to a change of +4.7% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Moody's investor services- Transaction' should come in at $373.41 million. The estimate points to a change of +34.8% from the year-ago quarter.
The consensus among analysts is that 'Revenue- Moody's investor services' will reach $731.44 million. The estimate suggests a change of +17.8% year over year.
Analysts predict that the 'Revenue- Moody's Analytics' will reach $799.71 million. The estimate suggests a change of +11.5% year over year.
Analysts expect 'Revenue- Moody's investor services- Public, project and infrastructure finance' to come in at $115.29 million. The estimate indicates a year-over-year change of +22.7%.
The average prediction of analysts places 'Revenue- Moody's investor services- Financial institutions' at $123.18 million. The estimate points to a change of +0.2% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Moody's investor services- Structured finance' will reach $108.14 million. The estimate indicates a year-over-year change of +15.1%.
Based on the collective assessment of analysts, 'Revenue- Moody's investor services- Corporate finance' should arrive at $321.95 million. The estimate indicates a year-over-year change of +27.3%.
Analysts' assessment points toward 'Revenue- Moody's investor services- MIS Other' reaching $10.32 million. The estimate suggests a change of -14% year over year.
The collective assessment of analysts points to an estimated 'Adjusted Operating income / (loss)- Moody's Analytics' of $256.07 million. The estimate is in contrast to the year-ago figure of $203 million.
View all Key Company Metrics for Moody's here>>>
Shares of Moody's have demonstrated returns of +7.5% over the past month compared to the Zacks S&P 500 composite's +6.5% change. With a Zacks Rank #3 (Hold), MCO is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>