Moody's Corporation reported a decrease in revenue and EPS for the second quarter of 2022, driven by a decline in Moody's Investors Service revenue due to volatile market conditions. However, Moody's Analytics revenue grew due to demand for Know Your Customer solutions and credit research.
Moody's Corporation's revenue decreased by 11% to $1.4 billion.
Moody’s Investors Service revenue decreased by 28% to $706 million.
Moody’s Analytics revenue increased by 18% to $675 million.
MCO Diluted EPS decreased 42% to $1.77.
Moody's updated outlook for full year 2022 reflects assumptions about numerous factors that could affect its business and is based on currently available information reviewed by management.
Visualization of income flow from segment revenue to net income