Moody’s Corp. (MCO) Beats Q1 Earnings and Revenues – Tale of the Tape

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Moody’s Corporation (MCO) is a leading provider of credit ratings, research, data & analytical tools, software solutions & related risk management services, quantitative credit assessment services, credit training services and credit process software to banks and other financial institutions. Moody's reports its businesses under two operating divisions – Moody's Investors Service (MIS), which includes all the rating agency businesses, and Moody's Analytics (MA), which includes other non-rating commercial activities.

Moody's Investors Service (MIS) provides credit ratings and research covering debt instruments and securities. Revenues from MIS comprises ratings revenues from Structured Finance; Corporate Finance; Financial Institutions and Sovereign Risk; and Public, Project and Infrastructure Finance. MIS has rating relationships with approximately 11,000 corporate issuers and approximately 21,000 public finance issuers. Additionally, the company has rated and currently monitors ratings on approximately 76,000 structured finance obligations.

Zacks Rank: Currently, MCO has a Zacks Rank#3 (Hold) but that could change following its first-quarter 2015 earnings report which has just released.

We have highlighted some of the key details from the just-released announcement below:

Earnings: MCO reported earnings of $1.11 per share, surpassing with the Zacks Consensus Estimate of $1.03 and increased from $1.00 in first quarter 2014.

Revenue: Revenues of $865.6 million came above the Zacks Consensus Estimate of $828 million and up 13% year over year.

Key Stats: In the first quarter, the company reported adjusted operating margin was 46.2%.

Stock Price: Shares prices did not show any movement in the pre-market trading session.

Check back later for our full write up on this MCO earnings report later!

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