trending Market Intelligence /marketintelligence/en/news-insights/trending/viv7njv2wx1jv2bdmuzxzg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Analytics, bond credit rating businesses boost Moody's Q2 earnings

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Analytics, bond credit rating businesses boost Moody's Q2 earnings

Moody's Corp. reported second-quarter net income attributable to shareholders of $376.2 million, or $1.94 per share, compared to $312.2 million, or $1.61, in the year-ago quarter.

Adjusted net income for the recent quarter was $397.3 million, or $2.04 per share, compared to $299.7 million, or $1.55 per share, in the year-ago quarter. The recent quarter's adjusted earnings excludes 10 cents per share related to amortization of acquired intangible assets and acquisition-related expenses.

The S&P Capital IQ consensus estimate for normalized EPS for the second quarter was $1.89.

Second-quarter revenue totaled $1.18 billion, up from $1.00 billion a year ago. This growth reflected Moody's Analytics' strong performance and was driven by contribution from Bureau van Dijk and record revenue for Moody's Investors Service, said President and CEO Raymond McDaniel.

Total expenses were $641.1 million for the second quarter of 2018, up from the previous year's expenses of $540.4 million.

During the second quarter, Moody's repurchased $200,000 shares at a a total cost of $37.6 million. As of June 30, the company had approximately $450 million of share repurchase authority remaining.

Moody's expects full-year 2018 revenue to increase in the high-single-digit percent range. Operating expenses are projected to increase in the high-single-digit percent range.