Moody’s Stock Gains on Q2 Earnings Beat: Robust Debt Issuance, AI Growth Drive Target Raise
Moody’s Corporation (NYSE: MCO) stock rises after delivering strong second-quarter earnings, raising full-year profit guidance, and expanding its share buyback program to $3 billion.
Moody's made more money than expected this quarter and feels so confident it promised to make even more money this year. When a company does really well and shows it believes in its future, that's a sign things might be going smoothly.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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