logo
Moody's reports higher second-quarter profit on analytics unit strength

Moody's reports higher second-quarter profit on analytics unit strength

Yahoo4 days ago
(Reuters) -Ratings agency Moody's reported a rise in second quarter profit on Wednesday, driven by robust gains in its data and analytics unit and an increase in government borrowing.
Demand for market analytical tools rose in the reported quarter as investors sought health checks on Treasury debt issuance amid trade policy and interest rate uncertainties, boosting companies like Moody's.
Revenue from the analytics segment, which chiefly depends on a subscription model, climbed 11% to $888 million in the second quarter.
Moody's results are closely watched by traders as a reliable indicator of market sentiment toward debt, given the agency's broad influence across global fixed-income markets.
The company's Investors Service business, which issues credit ratings, generated $1 billion in revenue, matching last year's figure.
Profit attributable to Moody's totalled $578 million, or $3.21 per share, in the three months ended June 30, compared with $552 million, or $3.02 per share, a year earlier.
The company narrowed its annual adjusted earnings per share forecast to a range of $13.50 to $14, a slight upgrade from its previous outlook of $13.25 to $14 per share.
Moody's shares, which have gained nearly 5% so far in 2025, were down marginally in pre-market trading.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

International Business Machines Corporation (IBM): Don't Abandon The Stock, Warns Jim Cramer
International Business Machines Corporation (IBM): Don't Abandon The Stock, Warns Jim Cramer

Yahoo

time2 minutes ago

  • Yahoo

International Business Machines Corporation (IBM): Don't Abandon The Stock, Warns Jim Cramer

We recently published . International Business Machines Corporation (NYSE:IBM) is one of the stocks Jim Cramer recently discussed. International Business Machines Corporation (NYSE:IBM) is one of Cramer's favorite technology stocks. Throughout this year, the CNBC TV host has expressed optimism about the firm's CEO and the firm's consistency in winning contracts for its enterprise computing business. International Business Machines Corporation (NYSE:IBM)'s shares fell by 7.6% after the firm's latest earnings report saw software revenue of $7.39 billion miss analyst estimates of $7.43 billion. Cramer discussed the earnings report: 'Most of the news is good this morning, IBM. I still think not as bad, uh, Chipotle we have to talk about. Copyright: believeinme33 / 123RF Stock Photo Previously, he discussed potential future International Business Machines Corporation (NYSE:IBM) share price movement: 'Oh, I like IBM very much. I mentioned Ben Wright earlier. I think that Ben, he's really turned me on to this stock. We did a very positive piece about it. I think it goes, I'm going to say not much higher but creeping higher over time, and that's actually a great place to be. So I like IBM.' While we acknowledge the potential of IBM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

Norfolk Southern Corporation (NSC): Jim Cramer Reveals How Its Merger Could Succeed
Norfolk Southern Corporation (NSC): Jim Cramer Reveals How Its Merger Could Succeed

Yahoo

time2 minutes ago

  • Yahoo

Norfolk Southern Corporation (NSC): Jim Cramer Reveals How Its Merger Could Succeed

We recently published . Norfolk Southern Corporation (NASDAQ:NSC) is one of the stocks Jim Cramer recently discussed. Norfolk Southern Corporation (NASDAQ:NSC)'s shares have gained 20% year-to-date and are up by 8.5% since mid-July due to chatter of mergers in the railroad industry. During this episode, Cramer's co-host David Faber discussed reports of Norfolk Southern and Union Pacific merging. Faber outlined that issues in the railroad industry, such as streamlining traffic flows through the Chicago interchange and the handoff of significant volumes in Chicago yards, were driving incentives for railroads to merge. For the deal to proceed, here's what Cramer believes: '[On talks of a merger] 5 year pledge to not raise prices, deal gets done.' Cramer discussed how Norfolk Southern Corporation (NASDAQ:NSC) might be ripe for a deal: 'I think that Norfolk Southern could be vulnerable.' While we acknowledge the potential of NSC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Blackstone Inc. (BX)'s CEO Said Some Great Stuff Recently, Says Jim Cramer
Blackstone Inc. (BX)'s CEO Said Some Great Stuff Recently, Says Jim Cramer

Yahoo

time2 minutes ago

  • Yahoo

Blackstone Inc. (BX)'s CEO Said Some Great Stuff Recently, Says Jim Cramer

We recently published . Blackstone Inc. (NYSE:BX) is one of the stocks Jim Cramer recently discussed. Blackstone Inc. (NYSE:BX) is an alternative asset manager whose shares have gained a modest 2.5% year-to-date. The stock has gained primarily due to the firm taking advantage of the growth in deal making in 2025 and making large acquisitions such as that of TXNM, an electricity provider in Mexico and Texas. Previously, Cramer has commented that he likes Blackstone, and this time, he commented on the firm's CEO commenting that he was seeing the biggest forward IPO pipeline in four years: '[On CEO saying biggest forward IPO pipeline in four years, the dealmaking pause was behind the firm] It was very good. Jonathan Gray was very good this morning. He also said great stuff about data centers.' Source:pixabay After word spread about Blackstone Inc. (NYSE:BX) acquiring TXNM, here's what Cramer said: 'We know Blackstone has a lot of data centers. We know TXNM is in the area with a lot of data centers. I still think this is motivated by the need to have cheap power. Although remember, they are not a generator. While we acknowledge the potential of BX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store