- Moody's (MCO, Financial) is set to announce its first-quarter results, with EPS projected at $3.54.
- Wall Street anticipates a 4.4% revenue growth, reaching $1.88 billion.
- Optimistic forecasts suggest a potential upside of 26.65% based on average price targets.
Moody's (MCO) is gearing up to release its first-quarter earnings report before the markets open on April 22. Analysts expect the company to showcase a promising earnings per share (EPS) of $3.54, marking a 5% growth compared to the same period last year. Moreover, revenue is projected to climb by 4.4% to an impressive $1.88 billion. Over the past two years, Moody's has a strong track record, exceeding EPS and revenue expectations 88% of the time.
Wall Street Analysts Forecast
Analysts have set an optimistic tone for Moodys Corp (MCO, Financial) with one-year price targets from 21 analysts averaging at $522.06. This includes a high projection of $600.00 and a low estimate of $445.00. These targets suggest a potential upside of 26.65% from the current stock price of $412.22. For a deeper dive into these projections, visit the Moodys Corp (MCO) Forecast page.
According to the consensus from 26 brokerage firms, Moodys Corp (MCO, Financial) holds an average brokerage recommendation of 2.3, indicating a status of "Outperform." This rating scale spans from 1 to 5, where 1 represents a Strong Buy, and 5 indicates a Sell, reflecting broad investor confidence in the stock's performance.
Further insights from GuruFocus reveal that the estimated GF Value for Moodys Corp (MCO, Financial) is $480.44 within one year, signaling a potential upside of 16.55% from its present price of $412.22. The GF Value is GuruFocus' estimate of the stock's fair trading value, calculated with historical trading multiples, past business growth, and future performance estimates. Detailed information can be accessed on the Moodys Corp (MCO) Summary page.
