Summary
Moody's Corporation (MCO) filed its quarterly report on Form 10-Q for the period ending September 30, 2008. This report reflects the company's financial performance during a period of significant economic turmoil, particularly impacting the financial services sector. Investors should note that the company operates in a complex environment shaped by global credit market conditions, which directly influence its core businesses. The filing provides an overview of the company's financial health, operational results, and its strategies for navigating these challenging macroeconomic headwinds. The detailed financial statements and management's discussion and analysis offer insights into revenue streams, expenses, and overall profitability. As a large accelerated filer, MCO's reporting adheres to stringent SEC guidelines, providing a degree of transparency crucial for investor confidence. While the specific financial figures for the quarter are not detailed in this extract, the context of the filing during late 2008 suggests a focus on resilience and risk management in the face of widespread financial stress.
Financial Highlights
26 data points| Revenue | $433.40M |
| SG&A Expenses | $108.10M |
| Operating Expenses | $243.60M |
| Operating Income | $189.80M |
| Net Income | $113.00M |
| EPS (Basic) | $0.47 |
| EPS (Diluted) | $0.46 |
| Shares Outstanding (Basic) | 241.30M |
| Shares Outstanding (Diluted) | 244.60M |
Key Highlights
- 1Moody's Corporation filed its Form 10-Q for the quarterly period ended September 30, 2008.
- 2The company is classified as a large accelerated filer, indicating significant market capitalization and compliance with robust reporting standards.
- 3The filing period falls during a time of substantial global financial market stress, which is a critical contextual factor for investors.
- 4Moody's operates from its headquarters at 7 World Trade Center, New York, N.Y.
- 5The report includes unaudited condensed consolidated financial statements for the three and nine months ended September 30, 2008 and 2007.
- 6Key sections within the report include Management's Discussion and Analysis of Financial Condition and Results of Operations, and Quantitative and Qualitative Disclosures about Market Risk.
- 7The total number of common shares outstanding as of September 30, 2008, was approximately 239.8 million.