secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001059556-24-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's Q1 revenue up 21% to $1.8B, adj. EPS $3.37; narrows FY guidance
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- Q1 revenue $1.8B (+21% YoY); diluted EPS $3.15 (+16%), adjusted EPS $3.37 (+13%).
- MIS revenue $987M (+35%) led by Corporate Finance (+49%); MA revenue $799M (+8%), 65th consecutive quarterly growth.
- FY 2024 adjusted EPS guidance narrowed to $10.40-$11.00; MA revenue growth forecast raised to high-single-digit %.
- Quarterly dividend $0.85/share declared, payable June 7, 2024; $1.2B share repurchase authority remaining.
- Operating margin 44.8%, adjusted operating margin 50.7%; free cash flow $697M in Q1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000105955624000087/0001059556-24-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000105955624000087/mco-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001059556-24-000087

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer