Summary

Moody's (MCO) Reports 1st Quarter Earnings

Moody's (MCO) reported 1st Quarter March 2024 earnings of $3.37 per share on revenue of $1.8 billion. The consensus earnings estimate was $3.06 per share on revenue of $1.7 billion. Revenue grew 21.5% on a year-over-year basis.

Moody' Corporation provides credit ratings, credit and economic related research, data and analytical tools, software solutions and related risk management services, quantitative credit risk measures, financial services training & certification services.

Earnings Release

Moody's Corporation Reports Results for First Quarter 2024

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the first quarter 2024, and provided an updated outlook for select metrics for full year 2024.

The First Quarter 2024 Earnings Release and other earnings materials can be found on the Moody’s IR website at ir.moodys.com. In addition, the Earnings Release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov.

“Our strong first quarter financial performance is a testament to the unique power of our franchise, delivering tremendous operating leverage as issuance markets rebound, enabling us to fund innovation and investment in our business while delivering strong earnings growth,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “This innovation and investment enables Moody’s to capture new opportunities in the era of exponential risk.”

Teleconference Details:

Date and Time	May 2, 2024, at 11:30 a.m. ET
Webcast	The webcast and its replay can be accessed through Moody’s Investor Relations website, ir.moodys.com within “Events & Presentations”.
Dial In	U.S. and Canada	+1-800-715-9871
	Other callers	+1-646-307-1963
	Passcode	515 6491
Dial In Replay	A replay will be available immediately after the call on May 2, 2024 and until June 1, 2024.
	U.S. and Canada	+1-800-770-2030
	Other callers	+1-647-362-9199
	Confirmation code	515 6491

For further information, please contact Investor Relations at ir@moodys.com.

ABOUT MOODY’S

In a world shaped by increasingly interconnected risks, Moody’s (NYSE:MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 15,000 across more than 40 countries, Moody’s gives customers the comprehensive perspective needed to act with confidence and thrive.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240502500815/en/

Shivani Kak
Head of Investor Relations
Investor Relations
+1.212.553.0298
shivani.kak@moodys.com

Michael Adler
Managing Director
Corporate Communications
+1.212.553.4667
michael.adler@moodys.com

Source: Moody’s Corporation Investor Relations