Moody's Raises FY24 Adjusted EPS Guidance From $11.00 - $11.40 To $11.90 - $12.10; Est $11.68
Portfolio Pulse from Benzinga Newsdesk
Moody's has increased its FY24 adjusted EPS guidance from a range of $11.00 - $11.40 to $11.90 - $12.10, surpassing the estimated $11.68.
October 22, 2024 | 11:13 am
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Moody's has raised its FY24 adjusted EPS guidance to $11.90 - $12.10, which is above the market estimate of $11.68. This suggests a positive outlook for the company's financial performance.
The increase in EPS guidance indicates that Moody's expects better financial performance than previously anticipated. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100