Moody's Co. (MCO) Set to Announce Earnings on Friday
Moody's Co. (NYSE:MCO) will be announcing its Q114 earnings results on Friday, April 25th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $770.18 million for the quarter. Moody's Co. has set its FY14 guidance at $3.90-4.00 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Moody's Co. (NYSE:MCO) last announced its earnings results on Friday, February 7th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.09. The company had revenue of $779.20 million for the quarter, compared to the consensus estimate of $743.87 million. During the same quarter in the previous year, the company posted $0.70 earnings per share. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. On average, analysts expect Moody's Co. to post $3.95 EPS for the current fiscal year and $4.48 EPS for the next fiscal year.
Shares of Moody's Co. (NYSE:MCO) opened at 79.88 on Thursday. Moody's Co. has a one year low of $54.36 and a one year high of $85.70. The stock’s 50-day moving average is $79.78 and its 200-day moving average is $76.15. The company has a market cap of $17.070 billion and a P/E ratio of 22.13.
A number of analysts have recently weighed in on MCO shares. Analysts at Janney Montgomery Scott initiated coverage on shares of Moody's Co. in a research note on Friday, March 28th. They set a “neutral” rating and a $80.00 price target on the stock. On the ratings front, analysts at Zacks reiterated a “neutral” rating on shares of Moody's Co. in a research note on Wednesday, March 26th. They now have a $84.00 price target on the stock. Finally, analysts at Wells Fargo & Co. initiated coverage on shares of Moody's Co. in a research note on Wednesday, February 12th. They set a “market perform” rating on the stock. Seven research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $81.25.
Moody’s Corporation (NYSE:MCO) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to institutional customers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.