) Overview

U.S. credit ratings provider’s Q2 revenue grew 15%, beating analyst expectations
Adjusted diluted EPS rose 31% and beat consensus
Company repurchased $2.2 bln of shares year-to-date, raising full-year buyback guidance Outlook
Moody’s reaffirms full-year 2026 revenue growth guidance in high-single digit percent range
Company narrows full-year 2026 adjusted diluted EPS guidance to $16.50-$17.00
Moody’s raises full-year 2026 share repurchase guidance to up to $3.0 bln Result Drivers
MIS REVENUE GROWTH - Moody’s Investors Service revenue rose 25% year-over-year, driven by broad-based strength across all lines of business and increased issuance activity
CORPORATE AND STRUCTURED FINANCE ACTIVITY - Corporate Finance revenue growth was led by strong Investment Grade activity and an increase in Leveraged Finance issuance; Structured Finance revenue growth was supported by increases in ABS, RMBS and covered bond issuance
MA RECURRING REVENUE - Moody’s Analytics recurring revenue increased 7% year-over-year, representing 99% of total MA revenue, while transactional revenue declined primarily due to the Learning Solutions divestiture Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $2.19 $2.08

Revenue bln bln (19

Analysts

)

Q2 Beat $4.68 $4.24

Adjusted (22

EPS Analysts

)

Analyst Coverage

The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 19 “strong buy” or “buy”, 8 “hold” and no “sell” or “strong sell”
The average consensus recommendation for the professional information services peer group is “buy”
Wall Street’s median 12-month price target for Moody’s Corp is $553.50, about 12.8% above its July 21 closing price of $490.77
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 25 three months ago Reuters Recommended Reads
July 21 - MSCI shares fall as company raises expense forecast
July 21 - Equifax sees downbeat annual revenue amid tough mortgage market For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)