Moody's Corp. (MCO) Tops Q2 EPS by 2c, Reaffirms FY EPS Guidance

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Moody's Corporation Reports Results for Second Quarter 2016

July 22, 2016 7:00 AM EDT

2Q16 revenue of $928.9 million up 1% from 2Q15 2Q16 EPS of $1.30 up 2% from 2Q15 Reaffirming FY 2016 EPS guidance of $4.55 to $4.65; expecting to be toward the lower end of the range

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

"Moodys achieved year-on-year revenue growth in the second quarter due to the strong performance of Moodys Analytics and the recovery in bond issuance... More