Moody’s Corporation (NYSE:MCO) Q1 2024 Earnings Call Transcript May 2, 2024 Moody’s Corporation beats earnings expectations. Reported EPS is $3.37, expectations were $3.02. Moody’s Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone, and welcome to the […]
While reporting financial results for the first quarter on Thursday, Moody's Corp. (MCO) narrowed its earnings, adjusted earnings and revenue growth guidance range for the full-year 2024.
On Feb. 1 as New York Community Bancorp stock fell amid worries about its real estate exposure, a regional bank hundreds of miles away got a call from Moody's. The ratings agency wanted to know if the bank was seeing any fallout. Moody's asked the bank, based in the U.S. south, a series of questions, ranging from whether its clients were worried and had withdrawn any deposits to what kind of funding facilities it had in place for contingencies, the bank's CEO said. The southern regional bank wasn't the only one to receive such a call.