The company said its revenue for Q2 2024 was $1.8 billion, up 22% from the same period a year earlier. It also reported that MIS revenue rose 36% to $1.0 billion and MA revenue rose 7% to $802 million.

1. 01

   The company said its revenue for Q2 2024 was $1.8 billion, up 22% from the same period a year earlier. It also reported that MIS revenue rose 36% to $1.0 billion and MA revenue rose 7% to $802 million.

2. 02

   Moody's said its adjusted operating margin for Q2 was 49.6%, up 590 basis points from the same quarter a year earlier. It also reported diluted EPS of $3.02 and adjusted diluted EPS of $3.28.

3. 03

   The company said cash flow from operating activities for the first six months of 2024 was $1,461 million, and free cash flow was $1,290 million. In Q2, it repurchased 0.7 million shares at an average price of $396.08. As of June 30, the remaining share repurchase authorization was about $975 million.

4. 04

   Moody's guided to full-year diluted EPS of $9.95 to $10.35 and adjusted diluted EPS of $11.00 to $11.40. The company said it is raising its full-year share repurchase guidance to $1.3 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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