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Moody's Corporation Reports Results for Second Quarter 2024

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Moody's (NYSE: MCO) has reported its results for the second quarter of 2024, showcasing double-digit revenue growth. The company's performance was primarily driven by its ratings franchise, which CEO Rob Fauber described as 'best-in-class'. The strong financial results are fueling product development and innovation efforts.

Additionally, Moody's has entered into strategic partnerships with leading industry players to expand the reach and availability of its data and insights. The company has also provided an updated outlook for select metrics for the full year 2024. Detailed financial information and earnings materials are available on Moody's Investor Relations website and will be filed with the SEC.

Moody's (NYSE: MCO) ha riportato i risultati per il secondo trimestre del 2024, evidenziando una crescita dei ricavi a doppia cifra. Le performance dell'azienda sono state principalmente trainate dalla sua franchigia di rating, che il CEO Rob Fauber ha descritto come 'di classe superiore'. I forti risultati finanziari stanno alimentando lo sviluppo di prodotti e gli sforzi di innovazione.

Inoltre, Moody's ha stipulato partnership strategiche con importanti attori del settore per ampliare la portata e la disponibilità dei propri dati e approfondimenti. L'azienda ha anche fornito un aggiornamento sulle prospettive per metriche selezionate per l'intero anno 2024. Le informazioni finanziarie dettagliate e i materiali sugli utili sono disponibili sul sito web delle Relazioni con gli Investitori di Moody's e saranno depositati presso la SEC.

Moody's (NYSE: MCO) ha reportado sus resultados para el segundo trimestre de 2024, mostrando un crecimiento de ingresos de dos dígitos. El desempeño de la compañía fue impulsado principalmente por su franquicia de calificaciones, que el CEO Rob Fauber describió como 'de clase mundial'. Los sólidos resultados financieros están impulsando el desarrollo de productos y los esfuerzos de innovación.

Además, Moody's ha establecido asociaciones estratégicas con líderes de la industria para expandir el alcance y la disponibilidad de sus datos y conocimientos. La compañía también ha proporcionado una perspectiva actualizada para métricas seleccionadas para el año completo 2024. La información financiera detallada y los materiales de ganancias están disponibles en el sitio web de Relaciones con Inversores de Moody's y se presentarán a la SEC.

무디스 (NYSE: MCO)는 2024년 2분기 실적을 보고하며 두 자릿수 매출 성장을 보여주었습니다. CEO 롭 포버(Rob Fauber)에 따르면, 회사의 성과는 주로 신용 등급 사업에 의해 주도되었습니다. 강력한 재무 성과는 제품 개발과 혁신 노력에 기여하고 있습니다.

또한 무디스는 데이터와 통찰력의 도달 범위 및 가용성을 확대하기 위해 업계 주요 플레이어와 전략적 파트너십을 체결했습니다. 회사는 2024년 전체 연도에 대한 특정 지표에 대한 업데이트된 전망도 제공했습니다. 자세한 재무 정보와 수익 자료는 무디스 투자자 관계 웹사이트에서 확인할 수 있으며 SEC에 제출될 예정입니다.

Moody's (NYSE: MCO) a publié ses résultats pour le deuxième trimestre 2024, affichant une croissance à deux chiffres des revenus. Les performances de l'entreprise ont été principalement stimulées par sa franchise de notation, que le PDG Rob Fauber a décrite comme 'de premier ordre'. Les solides résultats financiers soutiennent le développement de produits et les efforts d'innovation.

De plus, Moody's a établi des partenariats stratégiques avec des acteurs majeurs de l'industrie pour élargir la portée et la disponibilité de ses données et analyses. L'entreprise a également fourni une perspective actualisée pour certaines métriques pour l'ensemble de l'année 2024. Des informations financières détaillées et des documents de résultats sont disponibles sur le site Web des Relations avec les Investisseurs de Moody's et seront déposés auprès de la SEC.

Moody's (NYSE: MCO) hat seine Ergebnisse für das zweite Quartal 2024 veröffentlicht und ein doppelt so hohes Umsatzwachstum gezeigt. Die Leistung des Unternehmens wurde hauptsächlich von seiner Rating-Sparte getragen, die CEO Rob Fauber als 'erstklassig' bezeichnete. Die starken finanziellen Ergebnisse fördern die Produktentwicklung und Innovationsbemühungen.

Zusätzlich hat Moody's strategische Partnerschaften mit führenden Branchenakteuren geschlossen, um die Reichweite und Verfügbarkeit seiner Daten und Erkenntnisse zu erweitern. Das Unternehmen hat auch eine aktualisierte Perspektive für ausgewählte Kennzahlen für das Gesamtjahr 2024 bereitgestellt. Detaillierte Finanzinformationen und Erlösunterlagen sind auf der Investor-Relations-Website von Moody's verfügbar und werden bei der SEC eingereicht.

Positive
  • Double-digit revenue growth in Q2 2024
  • Strong performance of ratings franchise
  • New strategic partnerships to expand data and insights reach
  • Continued investment in product development and innovation
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Moody's Corporation (NYSE: MCO) today announced results for the second quarter 2024, and provided an updated outlook for select metrics for full year 2024.

The Second Quarter 2024 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.

“This was another impressive quarter for Moody’s, led by the performance of our best-in-class ratings franchise. We delivered double-digit revenue growth, fueling product development and innovation,” said Rob Fauber, President and Chief Executive Officer of Moody’s. “We also entered several exciting strategic partnerships with industry-leading companies to broaden the availability and reach of our data and insights.”

Teleconference Details:

Date and Time

July 23, 2024, at 1:00 p.m. 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

+1-888-596-4144

Other callers

+1-646-968-2525

Passcode

515 6491

Dial In Replay

A replay will be available immediately after the call on July 23, 2024 and until August 22, 2024.

U.S. and Canada

+1-800-770-2030

Other callers

+1-647-362-9199

Confirmation code

515 6491

For further information, please contact Investor Relations at ir@moodys.com.

ABOUT MOODY’S

In a world shaped by increasingly interconnected risks, Moody’s (NYSE:MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 15,000 across more than 40 countries, Moody’s gives customers the comprehensive perspective needed to act with confidence and thrive.

Shivani Kak

Head of Investor Relations

Investor Relations

+1.212.553.0298

shivani.kak@moodys.com

Michael Adler

Managing Director

Corporate Communications

+1.212.553.4667

michael.adler@moodys.com

Source: Moody’s Corporation Investor Relations

FAQ

What were Moody's (MCO) key financial highlights for Q2 2024?

Moody's reported double-digit revenue growth in Q2 2024, driven primarily by the strong performance of its ratings franchise.

Has Moody's (MCO) updated its outlook for 2024?

Yes, Moody's has provided an updated outlook for select metrics for the full year 2024, though specific details were not provided in the press release.

What strategic initiatives did Moody's (MCO) announce in Q2 2024?

Moody's announced strategic partnerships with industry-leading companies to broaden the availability and reach of its data and insights.

When is Moody's (MCO) Q2 2024 earnings call scheduled?

Moody's Q2 2024 earnings call is scheduled for July 23, 2024, at 1:00 p.m. ET.

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