Moody's Full Year 2022 Earnings: Revenues In Line With Expectations
Moody's (NYSE:MCO) Full Year 2022 Results
Key Financial Results
Revenue: US$5.47b (down 12% from FY 2021).
Net income: US$1.37b (down 38% from FY 2021).
Profit margin: 25% (down from 36% in FY 2021). The decrease in margin was primarily driven by lower revenue.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Moody's Meets Expectations
Revenue was in line with analyst estimates.
Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are up 1.6% from a week ago.
Be aware that Moody's is showing 2 warning signs in our investment analysis and 1 of those is significant...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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