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Moody’s ( (MCO) ) just unveiled an announcement.
Moody’s Corporation reported strong financial results for the fourth quarter and full year 2024, with revenue increasing by 20% year-over-year, reaching $7.1 billion. The growth was driven by robust performance across its business segments, with Moody’s Investors Service revenue up 33% and Moody’s Analytics revenue increasing by 8%. The company attributed its success to strategic investments in its platform, data, and product innovation, as well as disciplined execution. For 2025, Moody’s forecasts high single-digit revenue growth and adjusted diluted EPS growth in the low-to-mid teens, reflecting continued strong demand for its services.
More about Moody’s
Moody’s Corporation is a leading provider of credit ratings, research, tools, and analysis for the global capital markets. The company operates primarily through two segments: Moody’s Investors Service (MIS), which offers credit ratings and research covering debt instruments and securities, and Moody’s Analytics (MA), which provides financial intelligence and analytical tools to assist business decision making. Moody’s serves a global clientele, including financial institutions, corporations, governments, and individuals.
YTD Price Performance: 6.89%
Average Trading Volume: 642,104
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $91.59B
For detailed information about MCO stock, go to TipRanks’ Stock Analysis page.