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Moody's Corp. (MCO) Tops Q3 EPS by 16c; Update FY16 EPS Outlook; Offers Litigation Update

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Moody's Corporation Reports Results for Third Quarter 2016

October 21, 2016 7:00 AM EDT

3Q16 revenue of $917.1 million up 10% from 3Q15 3Q16 operating income of $397.5 million up 14% from 3Q15 3Q16 GAAP EPS of $1.31 up 15% from 3Q15; non-GAAP EPS of $1.34 up 21% FY 2016 GAAP EPS guidance range is now $4.76 to $4.86; non-GAAP EPS guidance range is now $4.62 to $4.72

NEW YORK--(BUSINESS WIRE)-- Moodys Corporation (NYSE: MCO) today announced results for the third quarter of 2016 and provided its current outlook for full year 2016.

"Moodys revenue increased 10% in the third... More