Moody’s Corporation concluded 2024 with impressive financial results, exceeding analysts' expectations due to strong performance from its divisions.
Financial Results of the Fourth Quarter
Moody’s Corporation announced a revenue of $1.7 billion for the fourth quarter, marking a 13% increase compared to the previous year. Key growth drivers were Moody’s Analytics with $863 million in revenue and Moody’s Investors Service with $809 million, showing increases of 8% and 18%, respectively.
Growth Strategy and Operational Achievements
Moody’s exceeded market expectations due to its strategic positioning and effective operational strategies. The company focused on enhancing analytics capabilities and expanding its product offerings, capturing a larger market share.
Outlook for 2025
For 2025, Moody’s Corporation expects continued growth. It forecasts an increase in revenue and adjusted diluted EPS between $14.00 and $14.50. Moody’s plans to invest in platform and product innovations to maintain its competitive edge and capitalize on emerging market opportunities.
Closing 2024 on a high note, Moody’s Corporation looks confidently towards the future and aims for sustainable growth in 2025, driven by strong performance in its core segments.