Mizuho has modestly raised its 2025 and 2026 revenue and earnings per share estimates for Moody's due to higher expected issuance volumes, which form a core part of the company's business. For Moody's Analytics division, Mizuho anticipates stable year-over-year growth led by the Data & Services segment, contributing to the overall improved outlook. The firm's analysis also noted that the sharp recovery in equity markets since early April should help drive higher Indices growth for S&P Global (NYSE: SPGI ), which reports earnings in the same period as Moody's. In other recent news, Moody's Corporation has completed the acquisition of ICR Chile, a prominent credit rating agency in Chile. This transaction will see ICR integrated into Moody's Local, expanding the company's footprint in Latin America's credit rating sector.