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Moody's (MCO) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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Wall Street analysts forecast that Moody's (MCO - Free Report) will report quarterly earnings of $3.42 per share in its upcoming release, pointing to a year-over-year increase of 4.3%. It is anticipated that revenues will amount to $1.85 billion, exhibiting an increase of 1.8% compared to the year-ago quarter.
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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance 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.
With that in mind, let's delve into the average projections of some Moody's metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Revenue- Total external customers- Moody's investor services' will likely reach $977.85 million. The estimate points to a change of -3.7% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Total external customers- Moody's Analytics' at $871.28 million. The estimate points to a change of +8.6% from the year-ago quarter.
Analysts expect 'Revenue- Moody's Analytics- Decision Solutions' to come in at $409.35 million. The estimate points to a change of +11.8% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Moody's Analytics- Data and Information' of $222.57 million. The estimate indicates a year-over-year change of +6%.
Analysts predict that the 'Revenue- Moody's Analytics- Research and Insights' will reach $239.93 million. The estimate suggests a change of +6.2% year over year.
The consensus among analysts is that 'Revenue- Moody's Analytics- Intersegment revenue' will reach $3.15 million. The estimate suggests a change of -21.3% year over year.
According to the collective judgment of analysts, 'Revenue- Moody's investor services- Recurring' should come in at $336.58 million. The estimate indicates a year-over-year change of +4.2%.
Analysts' assessment points toward 'Revenue- Moody's investor services- Transaction' reaching $640.27 million. The estimate points to a change of -7.5% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Moody's investor services' will reach $1.03 billion. The estimate indicates a change of -3.1% from the prior-year quarter.
The consensus estimate for 'Revenue- Moody's Analytics' stands at $875.94 million. The estimate indicates a change of +8.7% from the prior-year quarter.
Analysts forecast 'Revenue- Moody's investor services- Public, project and infrastructure finance' to reach $164.17 million. The estimate indicates a year-over-year change of +6.6%.
Based on the collective assessment of analysts, 'Revenue- Moody's investor services- Financial institutions' should arrive at $197.98 million. The estimate suggests a change of +1.5% year over year.
Over the past month, Moody's shares have recorded returns of +6.8% versus the Zacks S&P 500 composite's +5.4% change. Based on its Zacks Rank #3 (Hold), MCO will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Moody's (MCO) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts forecast that Moody's (MCO - Free Report) will report quarterly earnings of $3.42 per share in its upcoming release, pointing to a year-over-year increase of 4.3%. It is anticipated that revenues will amount to $1.85 billion, exhibiting an increase of 1.8% compared to the year-ago quarter.
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.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance 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.
With that in mind, let's delve into the average projections of some Moody's metrics that are commonly tracked and projected by analysts on Wall Street.
The combined assessment of analysts suggests that 'Revenue- Total external customers- Moody's investor services' will likely reach $977.85 million. The estimate points to a change of -3.7% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Total external customers- Moody's Analytics' at $871.28 million. The estimate points to a change of +8.6% from the year-ago quarter.
Analysts expect 'Revenue- Moody's Analytics- Decision Solutions' to come in at $409.35 million. The estimate points to a change of +11.8% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Moody's Analytics- Data and Information' of $222.57 million. The estimate indicates a year-over-year change of +6%.
Analysts predict that the 'Revenue- Moody's Analytics- Research and Insights' will reach $239.93 million. The estimate suggests a change of +6.2% year over year.
The consensus among analysts is that 'Revenue- Moody's Analytics- Intersegment revenue' will reach $3.15 million. The estimate suggests a change of -21.3% year over year.
According to the collective judgment of analysts, 'Revenue- Moody's investor services- Recurring' should come in at $336.58 million. The estimate indicates a year-over-year change of +4.2%.
Analysts' assessment points toward 'Revenue- Moody's investor services- Transaction' reaching $640.27 million. The estimate points to a change of -7.5% from the year-ago quarter.
It is projected by analysts that the 'Revenue- Moody's investor services' will reach $1.03 billion. The estimate indicates a change of -3.1% from the prior-year quarter.
The consensus estimate for 'Revenue- Moody's Analytics' stands at $875.94 million. The estimate indicates a change of +8.7% from the prior-year quarter.
Analysts forecast 'Revenue- Moody's investor services- Public, project and infrastructure finance' to reach $164.17 million. The estimate indicates a year-over-year change of +6.6%.
Based on the collective assessment of analysts, 'Revenue- Moody's investor services- Financial institutions' should arrive at $197.98 million. The estimate suggests a change of +1.5% year over year.
View all Key Company Metrics for Moody's here>>>Over the past month, Moody's shares have recorded returns of +6.8% versus the Zacks S&P 500 composite's +5.4% change. Based on its Zacks Rank #3 (Hold), MCO will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .