Moody's Earnings Preview
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S&P raised Italy's credit rating outlook from stable to positive.
Fitch has confirmed Italy's long-term foreign currency debt rating as BBB, with the outlook upgraded from stable to positive. Fitch said: "The positive outlook reflects the recent stronger fiscal performance and commitment to EU fiscal rules, indicating that the mid-term fiscal and financing risks of Italy's exceptionally high debt levels may decrease. The potential for increased growth momentum and a more stable political environment further solidify this trend." Views from the other two major rating agencies: Moody's: long-term foreign debt rating of Baa3, stable outlook. Standard & Poor's: long-term foreign currency bond rating of BBB, stable outlook.
Earnings Preview: Moody's to Report Financial Results Pre-market on October 22
$Moody's(MCO.US)$ is scheduled to release its financial results pre-market on October 22 ET. Earnings PreviewAnalysts estimate $Moody's(MCO.US)$ to post revenue of USD1.70B for 2024Q3, up 15.81% YOY;
Is Moody's Corporation (MCO) the Best Stock In Buffett Stock Portfolio?
Moody's Is Maintained at Market Perform by BMO Capital