AI English summary of an SEC filing — figures as filed
Moody's said its Q3 2024 revenue rose to $1,813 million, up 23% from $1,472 million a year earlier. It said MIS revenue increased 41% and MA revenue increased 7%. The company said MIS transactional revenue grew 70%.
Key points
AI summaryMoody's said its Q3 2024 revenue rose to $1,813 million, up 23% from $1,472 million a year earlier. It said MIS revenue increased 41% and MA revenue increased 7%. The company said MIS transactional revenue grew 70%.
The company said operating income for Q3 was $738 million, with an operating margin of 40.7%, and adjusted operating income was $867 million, with an adjusted operating margin of 47.8%. It said the MIS adjusted operating margin was 59.6%.
Moody's said diluted EPS for Q3 was $2.93, up 39%, and adjusted diluted EPS was $3.21, up 32%. The company said its effective tax rate rose to 24.0% from 19.9% a year earlier.
Moody's said it raised its full-year adjusted diluted EPS guidance and narrowed the range to $11.90 to $12.10. Its diluted EPS outlook is $10.85 to $11.05.
Summary
AI-writtenAnalysis 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.
Q3 Revenue Up $1.8 billion, MIS Transactional Revenue Up 70%
Moody's said its Q3 2024 revenue rose to $1,813 million, up 23% from $1,472 million a year earlier. It said MIS revenue increased 41% and MA revenue increased 7%. The company said MIS transactional revenue grew 70%.
Source · Based on the filing body and exhibits
Q3 Operating Income $738 million, Adjusted Operating Margin 47.8%
The company said operating income for Q3 was $738 million, with an operating margin of 40.7%, and adjusted operating income was $867 million, with an adjusted operating margin of 47.8%. It said the MIS adjusted operating margin was 59.6%.
Source · Based on the filing body and exhibits
Q3 Diluted EPS $2.93, Effective Tax Rate 24.0%
Moody's said diluted EPS for Q3 was $2.93, up 39%, and adjusted diluted EPS was $3.21, up 32%. The company said its effective tax rate rose to 24.0% from 19.9% a year earlier.
Source · Based on the filing body and exhibits
2024 Adjusted Diluted EPS Guidance $11.90 to $12.10
Moody's said it raised its full-year adjusted diluted EPS guidance and narrowed the range to $11.90 to $12.10. Its diluted EPS outlook is $10.85 to $11.05.
Source · Based on the filing body and exhibits
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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