Moody's Corp. (MCO) Misses Q1 EPS by 1c, Lowers FY EPS Guidance

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Go back to Moody's Corp. (MCO) Misses Q1 EPS by 1c, Lowers FY EPS Guidance

Moody's Corporation Reports Results for First Quarter 2022

May 2, 2022 7:00 AM EDT

Moody's Corporation 1Q 2022 revenue of $1.5 billion, down just 5% from record 1Q 2021, as its integrated risk assessment offerings provide increased value during uncertain times Moodys Investors Service revenue of $827 million, down 20%, on rated issuance decline of 25%; Moodys Analytics revenue grew 23% to $695 million, fifth consecutive quarter of double-digit growth 1Q 2022 diluted EPS of $2.68, down 31% from 1Q 2021; adjusted diluted EPS1 of $2.89, down 29% FY 2022 diluted EPS and adjusted diluted EPS1 guidance ranges reduced to $9.85 to $10.35 and $10.75 to $11.25, respectively

NEW YORK--(BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO)... More