secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2026-10-21T10:57:57+00:00
Accession:  0001628280-26-066594
Event type: earnings
Sentiment:  positive
Materiality: 0.62
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Moody's Q3 revenue $2.02B +1%, diluted EPS $4.24 +18%; reaffirms FY26 EPS $16.00-$16.50
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- Revenue $2,023M vs $2,007M (+1%; +3% organic constant currency); operating margin 44.8%, adjusted operating margin 52.6%.
- Diluted EPS $4.24 vs $3.60 (+18%); adjusted diluted EPS $4.14 vs $3.92 (+6%).
- MA revenue $936M +3% (8% organic cc), ARR $3,688M +8%; MIS revenue $1,087M -1% as Corporate Finance fell 8%, High Yield -40% and Leveraged Loans -27%, offset by Investment Grade +18% and PPIF +11%.
- YTD operating cash flow $2,471M +21%, free cash flow $2,200M +22%; returned ~$3.1B to shareholders YTD, including $2.6B of buybacks and $543M of dividends.
- Board declared $1.03/share quarterly dividend, payable Dec 11, 2026 to holders of record Nov 20; FY26 guidance reaffirmed (EPS $16.00-$16.50, adjusted $16.50-$17.00, FCF $2.7-$2.9B).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000162828026066594/0001628280-26-066594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000162828026066594/mco-20261021.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-066594

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