---
schema_version: "secwatch.filing_event.v1"
accession: "0001059556-23-000023"
form_type: "8-K"
ticker: "MCO"
cik: "0001059556"
company_name: "MOODYS CORP /DE/"
filed_at: "2023-04-25T23:59:59+00:00"
generated_at: "2026-06-16T15:23:14.538129+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Moody's Q1 revenue $1.5B (-3% YoY); MA up 6%, MIS down 11%; FY guidance updated

## Summary
- Revenue $1.5B (-3% YoY); MA $737M (+6%), MIS $733M (-11%) on weak issuance.
- Diluted EPS $2.72 (+1%), adjusted $2.99 (+3%); ETR fell to 1.0% from 18.2% on tax resolutions.
- FY2023 guidance: diluted EPS $8.45-$8.95, adjusted $9.50-$10.00; macro assumptions revised.
- Board declared $0.77 quarterly dividend payable June 9, 2023; repurchased 0.1M shares at $297.90.
- MA ARR grew 10% to $2.8B; recurring revenue 94% of total; customer retention mid-90s.

## SEC filing metadata
- accession: 0001059556-23-000023
- form_type: 8-K
- ticker: MCO
- cik: 0001059556
- company_name: MOODYS CORP /DE/
- filed_at: 2023-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1059556/000105955623000023/0001059556-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1059556/000105955623000023/mco-20230425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001059556-23-000023
- JSON: https://secwatch.observer/filing/0001059556-23-000023.json
- Plain text: https://secwatch.observer/filing/0001059556-23-000023.txt

## Key facts
- Earnings Releases
  MOODYS CORP /DE/ reported the quarter ended March 31, 2023 results: revenue $1.5 billion, EPS $2.72.
  - Period: the quarter ended March 31, 2023
  - Revenue: $1.5 billion
  - EPS: $2.72
  - Result: reported results
  source text: MOODY'S CORPORATION REPORTS RESULTS FOR FIRST QUARTER 2023 FIRST QUARTER SUMMARY FINANCIALS Moody’s Corporation (MCO) Revenue Moody’s Analytics (MA) Revenue Moody’s Investors Service (MIS) Revenue 1Q 2023 1Q 2023 1Q 2023 $1.5 billion ⇓ 3% $737 million ⇑ 6% $733 million ⇓ 11% MCO Diluted EPS MCO Adjusted Diluted EPS 1 MCO FY 2023 Projected 1Q 2023 1Q 2023 Diluted EPS $2.72 ⇑ 1% $2.99 ⇑ 3% $8.45 to $8.95 Adjusted Diluted EPS 1 $9.50 to $10.00
  evidence_url: https://www.sec.gov/Archives/edgar/data/1059556/000105955623000023/0001059556-23-000023-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.