Summary
Moody's Corporation (MCO) reported its third-quarter and year-to-date results for 2017, demonstrating continued operational strength and financial performance. The company is not a shell company and is actively managing its financial reporting standards. Key financial statements, including the Consolidated Statements of Operations, Comprehensive Income, Balance Sheets, and Cash Flows, are presented, offering a detailed view of the company's financial health and performance trends during the period. Investors should note the company's focus on its core business segments and the accompanying Management's Discussion and Analysis (MD&A), which provides insights into the drivers of financial condition and results of operations, liquidity, capital resources, and potential risks. The filing also addresses critical accounting estimates, recent accounting standards, and legal proceedings, all of which are important considerations for a comprehensive understanding of the company's current standing and future outlook.
Financial Highlights
54 data points| Revenue | $1.06B |
| SG&A Expenses | $245.70M |
| Operating Expenses | $614.40M |
| Operating Income | $448.50M |
| Net Income | $317.30M |
| EPS (Basic) | $1.66 |
| EPS (Diluted) | $1.63 |
| Shares Outstanding (Basic) | 191.10M |
| Shares Outstanding (Diluted) | 194.10M |
Key Highlights
- 1Moody's Corporation (MCO) filed its 10-Q report for the period ending September 29, 2017.
- 2The company has 191.1 million shares of common stock outstanding as of September 30, 2017.
- 3The report includes unaudited Consolidated Statements of Operations, Comprehensive Income, Balance Sheets, and Cash Flows.
- 4Management's Discussion and Analysis (MD&A) provides insights into results of operations, liquidity, capital resources, and risk factors.
- 5The filing details the company's reportable segments, critical accounting estimates, and recent accounting standards.
- 6Information on legal proceedings and other miscellaneous matters is also included.
- 7MCO is not an emerging growth company that has elected to use the extended transition period for new or revised financial accounting standards.