Moody's Corporation (MCO) has delivered a notable
return of 96% to its investors over the last
five years, and an extraordinary
122% return in the past five years, drawing attention for its
strong performance. Major moves include a
strategic partnership with MSCI to enhance transparency and deliver
data-driven risk solutions and the acquisition of
Praedicat that adds casualty and liability modeling capabilities. The corporation has impressively reported
revenue of $1.8 Billion and shown up as the best-performing stock in
Warren Buffett's portfolio. Moreover, an impressive
Q3 earnings beat resulted in the
full-year profit forecast being raised above estimates due to strong product
demand. Moody's is certainly not only an
excellent dividend stock but also solid growth stock. The corporationβs
Q3 2024 financial performance was strong and its
earnings per share (EPS) reached $2.93. With
exceedingly positive Q3 results, the firm raised its 2024
profit outlook. It has also been in news for its recent acquisitions like that of
Numerated, deepening its presence in the lending technology solutions and expanding its lending suite.
Moody's Corporation MCO News Analytics from Thu, 08 Feb 2024 08:00:00 GMT to Sat, 11 Jan 2025 09:22:49 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 4