Moody's Corp. (MCO) Misses Q4 EPS by 12c. Revenues Miss; Offers FY19 EPS Guidance, Announces $500M Accelerated Share Buyback

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Moody's Corporation Reports Results for Fourth Quarter and Full Year 2018; Sets Outlook for Full Year 2019

February 15, 2019 7:00 AM EST

4Q18 revenue of $1.1 billion down 9% from 4Q17; FY 2018 revenue of $4.4 billion up 6% from FY 2017 4Q18 diluted EPS of $1.29 up from $0.13 in 4Q17; 4Q18 adjusted diluted EPS of $1.63 up 8% from $1.511 FY 2018 diluted EPS of $6.74 up 31% from FY 2017; FY 2018 adjusted diluted EPS of $7.39 up 22% from FY 20171 Announcing a quarterly dividend of $0.50 per share, up 14% from Moodys prior quarterly dividend of $0.44 per share, and a $500 million accelerated share repurchase program Projected FY 2019 diluted EPS of $7.30 to $7.55; adjusted diluted EPS of $7.85 to $8.10... More