earnings
confidence high
sentiment negative
materiality 0.75
Moody's Q3 revenue down 16%, EPS $1.65 (-35%); cuts FY adjusted EPS guidance to $8.20-$8.50
MOODYS CORP /DE/
2022-Q3 EPS reported
$6.10
revenue$4,178,000,000
- MCO Q3 revenue $1.3B (-16% YoY); MIS revenue $590M (-36%); MA revenue $685M (+14%).
- Diluted EPS $1.65 (-35% YoY); adjusted diluted EPS $1.85 (-31% YoY).
- FY 2022 adjusted EPS guidance lowered to $8.20-$8.50; MIS issuance seen down mid-thirties %.
- MA annualized recurring revenue $2.7B, up 9% organically; retention mid-90s%. $0.70 dividend payable Dec 14.
- Accelerating Geolocation Restructuring for cost savings; repurchased 0.4M shares in Q3 at ~$282.