
Moody's Corporation ($MCO) reported its fourth quarter and full year results for 2024, revealing an adjusted earnings per share (EPS) of $2.62, surpassing analyst expectations of $2.59. The company's revenue for the quarter was $1.67 billion, slightly below the forecast of $1.7 billion. Moody's net income for the fourth quarter was $395 million, reflecting a strong finish to 2024 with an 18% year-over-year growth in revenue from its MIS segment, driven by record-high issuance levels. The stock saw a pre-market increase of 2.48%, trading at $518.00, with some reports indicating a pre-market rise of 3.2%. The company also provided guidance for 2025, which analysts noted was well ahead of market expectations.
$MCO (+3.2% pre) Moody's Corporation Reports Results for Fourth Quarter and Full Year 2024; Sets Outlook for 2025 https://t.co/TwqsEoB1do
Moody’s Corporation, $MCO, 4Q 2024. Results: 🟢 +2.48% Pre-Market ($518.00) 📊 Adj EPS: $2.62 🟢 💰 Revenue: $1.67B 🟢 📈 Net Income: $395M 🔎 Strong finish to 2024 with 18% YoY growth in MIS revenue, driven by record-high issuance levels.
Moody's Corporation Reports Results for Fourth Quarter and Full Year 2024; Sets Outlook for 2025 https://t.co/uqIhsE5Sk8 https://t.co/1Q95e6Vcmh