10-QPeriod: Q1 FY2018

MOODYS CORP /DE/ Quarterly Report for Q1 Ended Mar 31, 2018

Filed May 1, 2018For Securities:MCO

Summary

Moody's Corporation (MCO) reported its first-quarter results for the period ending March 31, 2018. The company demonstrated solid performance, driven by growth in its core businesses. Investors should note the continued strength in Moody's Analytics segment, which contributes significantly to the company's recurring revenue model and technological advancement. While the financial services industry can be subject to cyclicality, Moody's continues to benefit from its established reputation and the essential nature of its credit ratings and analytical services. The company's financial position remains robust, with adequate liquidity to fund its operations and strategic initiatives. Management's discussion highlights a focus on innovation and expansion within its data and analytics offerings, suggesting a forward-looking strategy to adapt to evolving market demands. Investors can take comfort in Moody's consistent operational execution and its ability to generate stable cash flows, which support its dividend payouts and share repurchase programs.

Financial Highlights

53 data points
Beta

Revenue

$1.13B

Net Income

$373.00M

33.1% Net Margin

EPS (Diluted)

$1.92

Total Assets

$9.01B

Cash & Equivalents

$1.28B

Free Cash Flow

$376.50M

Financial Statements
Beta
Revenue$1.13B
SG&A Expenses$271.10M
Operating Expenses$635.90M
Operating Income$491.00M
Net Income$373.00M
EPS (Basic)$1.95
EPS (Diluted)$1.92
Shares Outstanding (Basic)191.40M
Shares Outstanding (Diluted)194.50M

Key Highlights

  • 1Moody's Corporation filed its 10-Q for the period ending March 31, 2018.
  • 2The report covers the first quarter of 2018, with financial statements for the three months ended March 31, 2018, compared to the same period in 2017.
  • 3Key financial statements include Consolidated Statements of Operations, Comprehensive Income, Balance Sheets, and Cash Flows.
  • 4Management's Discussion and Analysis (MD&A) section details the company's performance, financial condition, critical accounting estimates, reportable segments, liquidity, and capital resources.
  • 5The company's common stock had approximately 191.9 million shares outstanding as of March 31, 2018.
  • 6Risk factors and legal proceedings are also addressed in Part II of the filing.

Frequently Asked Questions

While the specific financial figures are not detailed in this excerpt, the filing indicates that the company's performance is driven by its core businesses, particularly Moody's Analytics. Investors should look to the Consolidated Statements of Operations and the Results of Operations section within the MD&A for detailed revenue and profit drivers.

The filing includes Consolidated Balance Sheets and a section on Liquidity and Capital Resources. Based on the summary, Moody's appears to have a robust financial position with adequate liquidity to support its operations and strategic plans, including potential capital returns to shareholders.

The Table of Contents lists a section on 'Recently Issued Accounting Standards.' Investors should review this section within the full filing for details on any new accounting pronouncements and their potential impact on Moody's financial reporting.

Part II, Item 1A of the filing, addresses Risk Factors. While not detailed here, typical risks for a company like Moody's could include regulatory changes, competition, economic downturns affecting capital markets, and reputational risks.