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Investing.com - Moody’s Corporation (NYSE:MCO) reported first-quarter earnings on Tuesday that surpassed analyst estimates, but lowered its full-year guidance amid increased market volatility.
The stock edged down 0.07% following the news.
The credit ratings and financial services firm posted adjusted earnings per share of $3.83, beating the analyst consensus of $3.56 by $0.27.
Revenue for the quarter came in at $1.92 billion, slightly above the $1.9 billion estimate and up from the same period last year.
Moody’s CEO Rob Fauber highlighted the company’s strong performance, stating, "Moody’s delivered a very strong quarter across both our businesses, including a record quarter for our Ratings franchise."
He added, "It is in times of uncertainty when the clarity and transparency we provide matter the most."
Despite the robust first-quarter results, Moody’s revised its full-year 2025 earnings guidance to a range of $13.25 to $14.00 per share, compared to the previous analyst consensus of $13.79.
The midpoint of the new guidance, $13.625, falls below the earlier estimate, suggesting a more cautious outlook.
Fauber acknowledged the challenging market conditions, noting, "Though we are facing a period of increased volatility, we run our business across market cycles, harnessing the strength and breadth of our portfolio to deliver value to our stakeholders over the long-term."
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