Moody's Non-GAAP EPS of $2.99 beats by $0.77, revenue of $1.5B beats by $70M

• Moody's press release (NYSE:MCO): Q1 Non-GAAP EPS of $2.99 beats by $0.77.
• Revenue of $1.47B (-3% Y/Y) beats by $70M.
• Revenue declined 3% and 2% on a reported and constant currency basis, respectively, from the prior-year period.
• ARR grew 10% to $2.8 billion, led by an 11% increase in Decision Solutions.
• FY23 Outlook: Revenue to increase in the mid-to-high single digits percent range; Adj EPS of $9.50-$10.00 vs. $9.32 consensus

Comments

[bluescorpion0]

the world is awash in debt, this is their bread and butter..well at least until the default global reset. the system is corrupt and will likely fail.

[siestadreamer]

Wow, big beat and strong outlook. Nice work!