Moody'S Corp Stock Price, News & Analysis

Moody's Corporation reported 1Q 2022 revenue of $1.5 billion, down 5% year-over-year, impacted by a 20% decline in Moody's Investors Service (MIS) revenue to $827 million. In contrast, Moody's Analytics (MA) revenue rose 23% to $695 million, marking consistent double-digit growth. Diluted EPS declined 31% to $2.68, with adjusted EPS guidance lowered for FY 2022 to $10.75-$11.25. Despite challenges in the market due to geopolitical factors and rising rates, the firm's Annualized Recurring Revenue increased by 25%. Moody's repurchased 0.5 million shares worth $158 million in the quarter.

Moody's Analytics has integrated climate risk assessment capabilities into its CreditLens™ platform, enabling lenders to evaluate the climate's impact on credit quality and inform lending decisions. This move addresses growing regulatory demands and market pressures for financial institutions to manage climate risks while also exploring opportunities for innovative financial products. The new capability offers users climate risk-adjusted default analytics, streamlining credit processes through advanced technology.

Moody's Corporation (NYSE: MCO) is set to release its Q1 2022 earnings on Monday, May 2, 2022, prior to NYSE trading. The company invites investors to a teleconference at 11:30 a.m. ET on the same day to discuss the results. CEO Rob Fauber and CFO Mark Kaye will host the call, which will include a Q&A session. Access details for the teleconference and webcast are available on the Investor Relations website. A replay will be accessible until May 31, 2022.

Moody’s Corporation (NYSE:MCO) announced the withdrawal of credit ratings on Russian entities through Moody’s Investors Service (MIS). This decision follows Moody’s earlier suspension of commercial operations in Russia on March 5, 2022. The company emphasizes its commitment to transparency and risk assessment while also acknowledging global financial market volatility influenced by geopolitical tensions, including the crisis in Ukraine and the lasting impacts of COVID-19.

Xenia Hotels & Resorts, Inc. (NYSE: XHR) has appointed Arlene Isaacs-Lowe to its Board of Directors and the Nominating and Corporate Governance Committee, effective March 14, 2022. This brings the Board's total members to ten, with nine being independent. Ms. Isaacs-Lowe, currently a Special Advisor at Moody's Corporation (NYSE: MCO), is expected to bring valuable insights on ESG initiatives, risk management, and commercial real estate. She will stand for election at the 2022 Annual Meeting of Shareholders.

Moody’s Corporation (NYSE:MCO) announced the suspension of its commercial operations in Russia, affecting both Moody’s Investors Service and Moody’s Analytics. The company will continue to support its employees in the region but will maintain ratings coverage from outside Russia. The move is part of a response to the ongoing geopolitical situation and underscores the company's commitment to its workforce.

Moody's Analytics has launched Supply Chain Catalyst, a data-driven platform designed to monitor and manage supply chain risks. This tool helps organizations identify vulnerabilities and anticipate disruptions by offering a comprehensive view of suppliers based on financial, sustainability, reputational, and operational risk factors. The platform integrates data from over 400 million entities and aims to bolster procurement strategies while supporting responsible sourcing and sustainability initiatives. The solution reflects the pressing need for resilience in supply chains amidst ongoing global uncertainties.

Moody’s Corporation (NYSE:MCO) launched a series of pre-recorded videos for stockholders ahead of its Investor Day on March 10, 2022, at the New York Stock Exchange. These insights cover critical topics such as Diversity, Equity & Inclusion, ESG & Climate, and Finance & Strategy, providing a comprehensive view of the Company’s growth objectives. The event will feature key discussions and a live Q&A with senior leaders from 8:30 a.m. to 10:00 a.m. ET. Registration is required for attendance.

Moody’s Corporation (NYSE:MCO) has successfully completed the acquisition of 360kompany AG, a Viennese platform specializing in audit-proof business verification and KYC solutions. This acquisition, initially announced on December 3, 2021, is set to enhance Moody’s capabilities in KYC, anti-money laundering, compliance, and counterparty risk. By integrating 360kompany’s technology into its suite of offerings, Moody’s aims to strengthen its customer solutions and solidify its position in the risk assessment market.