MCO News and Press, Moody's Corporation From 08/03/23

Caroline Sullivan to Serve as Interim CFO Reaffirms Outlook for Full Year 2023 Moody’s Corporation (NYSE: MCO) today announced that Mark Kaye will step down as Executive Vice President and Chief Financial Officer, effective September 5, 2023, to assume a CFO role at anoth...

2023-07-31 01:01:05 ET Summary S&P Global's 2Q23 sales increased 4.4%, with growth in Ratings, Commodity Insights, Mobility, Market Intelligence, and Indices. S&P forecasts mid-teens growth for Ratings in the second half of 2023, lower than MCO's projection. Despite re...

2023-07-27 03:59:36 ET Summary MSCI's 2Q23 results were largely in line with expectations, with revenue at $621 million and adjusted EBITDA at $377 million. Despite a decline in ESG new subscription sales, management remains optimistic about their recovery. I maintain a bullis...

2023-07-26 12:19:02 ET Summary Moody's shares have risen over 20% since February, but I believe this is largely due to market enthusiasm rather than improved fundamentals. The company's second-quarter earnings remain soft, with just single-digit revenue growth despite the rebound ...

2023-07-25 15:16:13 ET Moody's Corporation (MCO) Q2 2023 Earnings Conference Call July 25, 2023 12:30 AM ET Company Participants Shivani Kak – Head-Investor Relations Rob Fauber – President and Chief Executive Officer Mark Kaye – Chief Financ...

2023-07-25 09:05:19 ET Moody's ( NYSE: MCO ) declares $0.77/share quarterly dividend , in line with previous. Forward yield 0.86% Payable Sept. 8; for shareholders of record Aug. 18; ex-div Aug. 17. See MCO Dividend Scorecard, Yield Chart, & Dividend Grow...

2023-07-25 08:41:43 ET Moody's ( NYSE: MCO ) raised its 2023 guidance midpoint for adjusted EPS after Q2 profit and revenue surpassed average analyst estimates. In addition, the provider of credit ratings and risk assessment services and products boosted its expectations for free ca...

2023-07-25 07:09:13 ET Moody's press release ( NYSE: MCO ): Q2 Non-GAAP EPS of $2.30 beats by $0.08 . Revenue of $1.49B (+8.0% Y/Y) beats by $40M . For further details see: Moody's Non-GAAP EPS of $2.30 beats by $0.08, revenue of $1.49B beats by $40M

Moody's Corporation (NYSE: MCO) today announced results for the second quarter 2023, as well as updated its outlook for select metrics for full year 2023. The Second Quarter 2023 Earnings Release and other earnings materials can be found on the Moody’s IR website at ir.moodys.com ....

2023-07-24 13:40:07 ET Moody's ( NYSE: MCO ) is scheduled to announce Q2 earnings results on Tuesday, July 25th, before market open. The consensus EPS Estimate is $2.22 (flat Y/Y) and the consensus Revenue Estimate is $1.45B (+5.1% Y/Y). Over the last 2 years, MCO ha...