Back to top

Image: Bigstock

Curious about Moody's (MCO) Q3 Performance? Explore Wall Street Estimates for Key Metrics

Read MoreHide Full Article

Analysts on Wall Street project that Moody's (MCO - Free Report) will announce quarterly earnings of $4.24 per share in its forthcoming report, representing an increase of 8.2% year over year. Revenues are projected to reach $2.06 billion, increasing 2.6% from the same quarter last year.

Over the last 30 days, there has been a downward revision of 0.3% 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.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation 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.

In light of this perspective, let's dive into the average estimates of certain Moody's metrics that are commonly tracked and forecasted by Wall Street analysts.

The combined assessment of analysts suggests that 'Revenue- Total external customers- Moody's Analytics' will likely reach $938.31 million. The estimate points to a change of +3.2% from the year-ago quarter.

It is projected by analysts that the 'Revenue- Total external customers- Moody's Investor Services' will reach $1.12 billion. The estimate indicates a change of +1.7% from the prior-year quarter.

Analysts forecast 'Revenue- Moody's Analytics- Data and Information' to reach $247.99 million. The estimate points to a change of +6.4% from the year-ago quarter.

Analysts' assessment points toward 'Revenue- Moody's Analytics- Research and Insights' reaching $266.05 million. The estimate suggests a change of +5.6% year over year.

Analysts expect 'Revenue- Moody's Analytics- Decision Solutions' to come in at $323.04 million. The estimate points to a change of -23.8% from the year-ago quarter.

According to the collective judgment of analysts, 'Revenue- Moody's Investor Services- Recurring' should come in at $367.78 million. The estimate indicates a year-over-year change of +6.6%.

The collective assessment of analysts points to an estimated 'Revenue- Moody's Investor Services- Transaction' of $746.62 million. The estimate indicates a change of -0.9% from the prior-year quarter.

Analysts predict that the 'Revenue- Moody's Investor Services- Ratings- Corporate finance (CFG)- High-yield' will reach $77.20 million. The estimate suggests a change of -32.3% year over year.

The consensus among analysts is that 'Revenue- Moody's Investor Services- Ratings- Corporate finance (CFG)- Investment-grade' will reach $138.10 million. The estimate points to a change of +11.4% from the year-ago quarter.

Based on the collective assessment of analysts, 'Revenue- Moody's Investor Services- Ratings- Corporate finance (CFG)- Other accounts' should arrive at $193.58 million. The estimate suggests a change of +5.8% year over year.

The average prediction of analysts places 'Revenue- Moody's Investor Services- Ratings- Structured finance (SFG)- Asset-backed securities' at $36.80 million. The estimate indicates a change of +5.1% from the prior-year quarter.

The consensus estimate for 'Revenue- Moody's Investor Services- Ratings- Structured finance (SFG)- RMBS' stands at $37.30 million. The estimate suggests a change of +28.6% year over year.

View all Key Company Metrics for Moody's here>>>

Shares of Moody's have demonstrated returns of +4.7% over the past month compared to the Zacks S&P 500 composite's +2.4% 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 >>>> .

Published in