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Moody's Q2 Adjusted Earnings, Revenue Rises; Raises FY24 Earnings Forecast
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Moody's Q2 Adjusted Earnings, Revenue Rises; Raises FY24 Earnings Forecast
Jul 23, 2024 4:59 AM

07:39 AM EDT, 07/23/2024 (MT Newswires) -- Moody's (MCO) reported Q2 adjusted earnings Tuesday of $3.28 per diluted share, up from $2.30 a year earlier.

Analysts polled by Capital IQ expected $3.02.

Revenue for the quarter ended June 30 was $1.82 billion, compared with $1.49 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.72 billion.

The company raised its full-year 2024 adjusted diluted earnings in the range of $11 to $11.40 per share from $10.40 to $11 per share. Analysts surveyed by Capital IQ expect $11.05 per share.

Price: 443.69, Change: -6.67, Percent Change: -1.48

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