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Wednesday, October 30, 2019

=Moody's (MCO) reported earnings on Wed 30 Oct 19 (b/o)



Moody's reports EPS in-line, beats on revs; raises FY19 EPS, revs outlook 
  • Reports Q3 (Sep) earnings of $1.99 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $1.99; revenues rose 14.8% year/year to $1.24 bln vs the $1.18 bln S&P Capital IQ Consensus.
  • Co issues in-line guidance for FY19, sees EPS of $8.05-8.20 (Prior $7.95-8.15) vs. $8.08 S&P Capital IQ Consensus. Sees revenue growth in the high single digits (Prior mid-single digits). Sees operating cahs flow in the range of $1.7-1.8 mln; FCF in the range of $1.6-1.7 mln.

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