Moody's Corporation Reports Results for First Quarter 2023

Rhea-AI Summary

Moody's Corporation (NYSE: MCO) reported its first quarter 2023 results and provided an updated outlook for the year. The earnings release reflects the company's ongoing challenges due to increasing risk complexities but highlights its strengths in data analytics and risk management capabilities. CEO Rob Fauber emphasized the importance of Moody’s analytical insights in helping clients navigate risks effectively. The company is optimistic about long-term opportunities despite short-term headwinds. Details regarding the earnings call, scheduled for April 25, 2023, at 12:30 PM ET, were also shared, with accessibility options provided for the webcast and dial-in participation.

Positive

• Strong analytical capabilities enhance risk management for clients.
• Management optimistic about long-term opportunities despite near-term challenges.

Negative

• Facing near-term headwinds due to increasing risk complexities.

NEW YORK--(BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO) today announced results for the first quarter 2023, as well as updated its outlook for select metrics for full year 2023.

The First Quarter 2023 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.

“Today, risk no longer escalates sequentially; it multiplies exponentially, forcing leaders to confront risk in new ways,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “Moody’s vast datasets combined with our analytical insights and workflow tools are critical in helping customers identify, measure, and manage risk. Despite near-term headwinds, we are energized about our long-term opportunities, underpinned by our unique capabilities that enable organizations to enhance their risk management and achieve operational resiliency.”

CONFERENCE CALL

Date and Time		April 25, 2023, at 12:30 p.m. Eastern Time (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	+1-888-330-2508
		Other callers	+1-240-789-2735
		Passcode	9302427
Dial In Replay		A replay will be available immediately after the call on April 25, 2023 and until May 25, 2023.
		U.S. and Canada	+1-800-770-2030
		Other callers	+1-647-362-9199
		Passcode	9302427

ABOUT MOODY'S CORPORATION

Moody’s (NYSE: MCO) is a global integrated risk assessment firm that empowers organizations to make better decisions. Its data, analytical solutions and insights help decision-makers identify opportunities and manage the risks of doing business with others. We believe that greater transparency, more informed decisions, and fair access to information open the door to shared progress. With approximately 14,000 employees in more than 40 countries, Moody’s combines international presence with local expertise and over a century of experience in financial markets. Learn more at moodys.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230425005437/en/

SHIVANI KAK

Investor Relations

212.553.0298

shivani.kak@moodys.com



MICHAEL ADLER

Corporate Communications

212.553.4667

michael.adler@moodys.com



moodys.com

ir.moodys.com

moodys.com/esg

moodys.com/sustainability

Source: Moody’s Corporation Investor Relations

FAQ

What are the first quarter 2023 results for Moody's Corporation (MCO)?

Moody's Corporation reported its first quarter 2023 results highlighting ongoing challenges due to increasing risk complexities.

What does Moody's Corporation predict for 2023?

Moody's Corporation provided an updated outlook for select metrics, indicating optimism about long-term opportunities despite short-term headwinds.

When is the Moody's Corporation earnings call?

The earnings call for Moody's Corporation is scheduled for April 25, 2023, at 12:30 PM ET.

How can I access the Moody's Corporation earnings webcast?

The earnings webcast and its replay can be accessed through Moody's Investor Relations website.

Who is the CEO of Moody's Corporation?

Rob Fauber is the President and Chief Executive Officer of Moody's Corporation.