10-QPeriod: Q2 FY2015

MOODYS CORP /DE/ Quarterly Report for Q2 Ended Jun 30, 2015

Filed July 30, 2015For Securities:MCO

Summary

Moody's Corporation (MCO) filed its quarterly report for the period ending June 30, 2015. The company operates as a large accelerated filer. This report details the financial performance and condition of Moody's. Investors should pay close attention to the 'Results of Operations' and 'Liquidity and Capital Resources' sections within the Management's Discussion and Analysis (MD&A) for insights into the company's revenue drivers, expenses, and cash generation capabilities. The filing covers both the three and six-month periods ended June 30, 2015, with comparative data from the prior year. Key financial statements provided include the Consolidated Statements of Operations, Comprehensive Income, Balance Sheets, and Cash Flows. Investors can use this information to assess trends in revenue, profitability, asset and liability structure, and cash flow activities. The report also outlines the company's 2015 outlook and potential risks.

Financial Highlights

52 data points
Beta

Revenue

$918.10M

Net Income

$261.70M

28.5% Net Margin

EPS (Diluted)

$1.28

Total Assets

$5.00B

Cash & Equivalents

$1.54B

Free Cash Flow

$310.90M

Financial Statements
Beta
Revenue$918.10M
SG&A Expenses$227.00M
Operating Expenses$498.80M
Operating Income$419.30M
Net Income$261.70M
EPS (Basic)$1.30
EPS (Diluted)$1.28
Shares Outstanding (Basic)201.30M
Shares Outstanding (Diluted)204.40M

Key Highlights

  • 1Moody's Corporation is a large accelerated filer, indicating significant market capitalization and reporting compliance.
  • 2The report covers performance for the three and six months ended June 30, 2015, with year-over-year comparisons.
  • 3Key financial statements provided include income statements, balance sheets, and cash flow statements.
  • 4Management's Discussion and Analysis (MD&A) offers detailed insights into the company's operational results, financial condition, liquidity, and capital resources.
  • 5The filing includes the company's outlook for the full year 2015.
  • 6Risk factors and legal proceedings are disclosed, providing investors with potential areas of concern.
  • 7The total outstanding shares of Common Stock as of June 30, 2015, were approximately 200.3 million.

Frequently Asked Questions

This 10-Q provides a snapshot of Moody's financial health for the second quarter of 2015. Investors should review the 'Consolidated Statements of Operations' for revenue and profit trends, the 'Consolidated Balance Sheets' for asset and liability management, and the 'Consolidated Statements of Cash Flows' for cash generation and usage. The MD&A section offers management's perspective on the company's performance and financial condition, which is crucial for a comprehensive understanding.

The 'Reportable Segments' section within the MD&A typically details the company's different business units and their respective financial contributions. Investors should refer to this section to understand which segments are driving growth and profitability for Moody's.

The filing includes a section on the '2015 Outlook' where management provides guidance on expected financial performance for the rest of the year. Additionally, 'Item 1A. Risk Factors' and discussions within the MD&A highlight potential challenges and uncertainties that could impact the company's future results.

The 'Liquidity and Capital Resources' section of the MD&A is dedicated to explaining how the company manages its cash, debt, and equity. This includes details on operating cash flows, capital expenditures, debt repayments, share repurchases, and dividend payments, which are all important for assessing the company's financial flexibility.