Joseph Carlson: a call under review

Said on Jan 10, 2024, at 19:27 in the video.

What was said
Joseph Carlson

@josephcarlsonshow

“I believe on 2024 this company will earn over $2 billion in free cash flow so this year I believe they're going to earn another additional incremental $200”
Watch at 19:27I Finally Bought A New Stock
Predictiona call under review
What happened
Not scored

How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.

The window it was checked over

GDPWindow checkedRecession (NBER)
−10%0%10%20%30%40%50%60%202120222022202320242025Said on Jan 10, 2024
−20%0%20%40%60%2021202220232025Said on Jan 10, 2024

Real GDP: U.S. Bureau of Economic Analysis via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

How this call was recorded (its subject, its direction or a figure) is being checked again, because the words may not say what was first recorded. It is not scored until a person has reviewed it.

What was said around it

up as companies became very conservative the free cash flow plummeted along with the credit rating business but again this is a onetime event and we can already see the credit markets recovering if we break this down into quarterly you can see the recovery over the past couple of quarters if we look at last year once Moody's reports its next quarter we'll have the final quarter for last year and it's going to be around $1.8 billion in free cash flow so the orange bar in 2023 should be right around there $ 1.8 billion I believe on 2024 this company will earn over $2 billion in free cash flow so this year I believe they're going to earn another additional incremental $200 million in free cash flow putting it at or above its all-time high with a current market cap of $68 billion and an expected $2 billion of free cash flow in 2024 that puts the current free cash flow yield of Moody's today based on this year's free cash cash flow at roughly 3% so the company's trading at a 3% free cash flow yield at a current 3% free cash flow yield I think there's going to be people that say that Moody's isn't worth the time or that it's too expensive and I think that's fine if you believe that but when

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