Moody's Corporation Reports Results for Fourth Quarter and Full Year 2022; Sets Outlook for 2023

Rhea-AI Summary

Moody's Corporation (NYSE: MCO) reported its fourth quarter and full year 2022 results, showcasing Moody’s Analytics achieving its 60th consecutive quarter of revenue growth. The company highlighted double-digit ARR expansion and improved margins, despite a challenging macroeconomic environment affecting debt issuance. Moody’s Investors Service continues to be favored by issuers and investors. A conference call is scheduled for January 31, 2023, to discuss these results and the full year outlook for 2023. Full earnings materials are available on Moody’s Investor Relations website.

Positive

• Moody's Analytics achieved its 60th consecutive quarter of revenue growth.
• Double-digit ARR expansion and improved margins reported for Moody’s Analytics.

Negative

• Debt issuance was dampened due to ongoing macroeconomic uncertainty.

NEW YORK--(BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO) today announced results for the fourth quarter and full year 2022, and provided its outlook for full year 2023.

The Fourth Quarter and Full Year 2022 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.

“Throughout 2022, our data, analytics and insights helped our customers navigate one of the more challenging years in recent memory,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “Moody’s Analytics achieved its 60^th consecutive quarter of revenue growth, expanded ARR by double-digits and improved its margin. While debt issuance was dampened amidst ongoing macroeconomic uncertainty, Moody’s Investors Service remains the agency of choice for both issuers and investors.”

CONFERENCE CALL

Date and Time	January 31, 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 January 31, 2023 and until March 2, 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/20230131005172/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 were Moody's Corporation's earnings results for 2022?

Moody's Corporation reported revenue growth and highlighted its Analytics segment's 60th consecutive quarter of growth in 2022.

What factors affected Moody's debt issuance in 2022?

Ongoing macroeconomic uncertainty dampened debt issuance for Moody's Corporation.

When is the next earnings conference call for Moody's Corporation?

The next earnings conference call for Moody's Corporation is scheduled for January 31, 2023.

What is Moody's Corporation's outlook for 2023?

Moody's Corporation provided its outlook for full year 2023 during the earnings call on January 31.