
Moody's Corporation (MCO) is scheduled to report its fourth-quarter and full-year results on February 13. Wall Street expects the company to post higher earnings and revenue over the prior-year quarter. In this piece, I have discussed why it could be wise to buy the stock now.
For the fourth quarter, MCO’s EPS and revenue are expected to increase 44.9% and 15.3% year-over-year to $2.32 and $1.49 billion, respectively. The company has a stellar earnings history, having beaten the consensus EPS estimate in each of the trailing four quarters.