earnings
confidence high
sentiment positive
materiality 0.85
Moody's Q2 2024 revenue up 22% to $1.8B; raises FY adjusted EPS guidance to $11.00-11.40
MOODYS CORP /DE/
2024-Q2 EPS reported
$6.16
revenue$3,603,000,000
- Diluted EPS $3.02 (+47% YoY); adjusted diluted EPS $3.28 (+43% YoY).
- MIS revenue $1.0B (+36%) driven by 56% transactional growth; MA revenue $802M (+7%).
- MCO adjusted operating margin 49.6%, up 590 bps; free cash flow $1.29B YTD.
- FY 2024 adjusted diluted EPS guidance raised to $11.00-$11.40; share repurchase guidance raised to $1.3B.
- Quarterly dividend declared $0.85/share, payable Sept 6 to holders of record Aug 16.