MCO
$246.56
Moody's
($5.42)
(2.15%)
Earnings Details
2nd Quarter June 2022
Tuesday, July 26, 2022 7:00:00 AM
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Summary

Moody's Misses

Moody's (MCO) reported 2nd Quarter June 2022 earnings of $2.22 per share on revenue of $1.4 billion. The consensus earnings estimate was $2.34 per share on revenue of $1.5 billion. The Earnings Whisper number was $2.43 per share. Revenue fell 11.1% compared to the same quarter a year ago.

The company said in its earnings presentation it expects 2022 earnings of $9.20 to $9.70 per share. The company's previous guidance was earnings of $10.75 to $11.25 per share and the current consensus earnings estimate is $10.26 per share for the year ending December 31, 2022.

Moody' Corporation provides credit ratings, credit and economic related research, data and analytical tools, software solutions and related risk management services, quantitative credit risk measures, financial services training & certification services.

Results
Reported Earnings
$2.22
Earnings Whisper
$2.43
Consensus Estimate
$2.34
Reported Revenue
$1.38 Bil
Revenue Estimate
$1.52 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Moody's Corporation Reports Results for Second Quarter 2022

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the second quarter of 2022 and updated its outlook for full year 2022.

The Second Quarter 2022 Earnings Release and other earnings materials can be found on the Moody’s IR website at ir.moodys.com. In addition, the earnings release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov.

“In times of heightened uncertainty, our customers rely on Moody’s unparalleled global insights and analysis to deliver comprehensive and integrated perspectives on risk,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “Demand for our market-leading products and solutions that enable decision makers to holistically identify, measure and manage risk propelled Moody’s Analytics to another quarter of impressive growth. While the fundamental drivers underpinning debt issuance remain firmly intact, global economic uncertainty significantly curtailed market activity.”

CONFERENCE CALL

Date and Time

 

July 26, 2022, at 12:00 p.m. Eastern Time (ET)

Webcast

 

The replay and supplemental presentation can be accessed through Moody’s Investor Relations website, ir.moodys.com under “Events & Presentations”.

Dial in

 

U.S. and Canada

+1-877-400-0505

 

Other callers

+1-720-452-9084

 

Passcode

8161371

Dial In Replay

 

A replay will be available from 4:00 p.m. ET, July 26, 2022 until 4:00 p.m. ET, August 24, 2022.

 

U.S. and Canada

+1-888-203-1112

 

Other callers

+1-719-457-0820

 

Passcode

8161371

ABOUT MOODY'S CORPORATION

Moody’s (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With approximately 14,000 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.

SHIVANI KAK
Investor Relations
212.553.0298
shivani.kak@moodys.com

MICHAEL ADLER
Corporate Communications
212.553.4667
michael.adler@moodys.com

moodys.com
ir.moodys.com
moodys.com/esg
moodys.com/sustainability

Source: Moody’s Corporation Investor Relations