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0 0.00213018324417224 0.00384885381617495 0.000484132555493667 -0.0014766042942558 -0.00510759846045851 0.00210597661639758 0.0105056764542131
Stock impact report

Moody's cuts profit forecast on market volatility after solid first quarter [Yahoo! Finance Canada]

Moody's Corporation (MCO) 
Last moody's corporation earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.moodys.com/home/default.aspx
a pickup in bond issuance, but it tempered expectations for the year due to the market volatility. Shares of the financial insights company, best known for rating the creditworthiness of corporate and government bonds, fell 2% before the opening bell. The forecast cut comes as fears of disruption from fluctuating U.S. trade policy have led companies to pause debt issuance. Moody's results are closely scrutinized by traders looking to assess bond market trends as they can be a reliable gauge of debt appetite given the company's wide reach. It now expects to earn between $13.25 and $14 per share for 2025, excluding one-time costs. It had earlier forecast earnings of $14 to $14.50 per share. Since many of Moody's customers are economy-sensitive companies such as banks and insurers, a prolonged economic downturn could hurt all its businesses, J.P. Morgan analysts had warned in a note. In the reported quarter, however, profit attributable to the company grew 8% to $625 million, Show less Read more
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