Moody's Corporation Reports Results for First Quarter 2020

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Go back to Moody's Corporation Reports Results for First Quarter 2020

Moody's Corp. (MCO) Tops Q1 EPS by 51c, Revenues Beat; Lowers FY20 EPS Guidance

April 30, 2020 7:08 AM EDT

Moody's Corp. (NYSE: MCO) reported Q1 EPS of $2.73, $0.51 better than the analyst estimate of $2.22. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.2 billion.

Moody's Corporation 1Q20 revenue of $1.3 billion, up 13% from 1Q19Moody\'s Investors Servicerevenue of $794 million, up 19%; Moody's Analytics revenue of $496 million up 5%, excluding acquisitions and divestitures up 9%1Q20 diluted EPS of $2.57 up 33% from 1Q19; adjusted diluted EPS of $2.73 up 32% 1FY 2020 diluted EPS and adjusted diluted EPS guidance ranges reduced to $7.25 to $7.85 and $7.80 to $8.40, respectively due to anticipated COVID-19... More