Moody’s Reports Strong Q3 2024 Financial Performance

In This Article:

https://www.tipranks.com/news/company-announcements/bridgewater-bancshares-gains-approval-for-strategic-acquisition

Moody’s ( (MCO) ) has provided an update.

Moody’s Corporation reported a stellar third quarter in 2024, with revenue surging by 23% to $1.8 billion, driven by strong performances across its divisions. Moody’s Investors Service led the charge with a 41% revenue increase, while Moody’s Analytics saw a 7% rise. The third quarter’s diluted EPS rose 39% to $2.93, reflecting robust transactional activity and strategic investments. With these results, Moody’s has raised its full-year EPS guidance, highlighting its dominant position in the financial markets.

See more data about MCO stock on TipRanks’ Stock Analysis page.