Moody's Now Sees FY24 Revenue Increase In The High-teens Percent Range Vs Prior Outlook For Increase In The Low-teens Percent Range
Portfolio Pulse from Benzinga Newsdesk
Moody's has revised its FY24 revenue outlook, now expecting an increase in the high-teens percent range, up from the previous forecast of a low-teens percent increase.
October 22, 2024 | 11:14 am
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Moody's has upgraded its FY24 revenue growth forecast to the high-teens percent range, indicating stronger than expected performance.
The upward revision in revenue forecast suggests better than expected business performance, likely boosting investor confidence and positively impacting MCO's stock price in the short term.
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