secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2022-05-02T23:59:59+00:00
Accession:  0001157523-22-000521
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's Q1 revenue $1.5B (-5% YoY); EPS $2.68 (-31%); FY22 guidance reduced
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- MIS revenue $827M (-20%) on 25% decline in rated issuance; MA revenue $695M (+23%) with fifth straight quarter of double-digit growth.
- Diluted EPS $2.68 (adjusted $2.89), down 31% and 29% YoY respectively; operating margin 43.1%, adjusted margin 48.2%.
- FY2022 diluted EPS guidance cut to $9.85-$10.35; adjusted diluted EPS to $10.75-$11.25 from prior $11.00-$11.50.
- Board declared $0.70 quarterly dividend, payable June 10, 2022 to holders of record May 20, 2022; $1.2B share repurchase authority remaining.
- Operating cash flow $470M; completed $500M ASR in April; ended quarter with $1.9B cash and $7.8B debt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000115752322000521/0001157523-22-000521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000115752322000521/a52702931.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000521

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