Moody's Corp. (MCO) Tops Q2 EPS by 60c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus
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Moody's Corporation Reports Results for Second Quarter 2020
July 30, 2020 7:00 AM EDTMoody's Corporation 2Q20 revenue of $1.4 billion, up 18% from 2Q19 Moody's Investors Service revenue of $938 million, up 27%; Moody's Analytics revenue of $497 million up 5% 2Q20 diluted EPS of $2.69 up 66% from 2Q19; adjusted diluted EPS of $2.81 up 36%1 FY 2020 guidance range for diluted EPS raised to $8.15 to $8.55; adjusted diluted EPS guidance raised to $8.80 to $9.20
NEW YORK--(BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO) today announced results for the second quarter of 2020, as well as updated its outlook for full year 2020.
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