Moodys Corp
MCO: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|q# | LOCK|pDQ | LOCK|$>yGPGms |
Moody’s Earnings: Some Issuance Air Pockets, but Little to Change Our Long-Term View
Moody’s grew third-quarter revenue by 3% organically. Ratings revenue dipped 1% as high-yield bond and leveraged loan volumes saw some air pockets and had tough comparisons. Management reaffirmed its full-year outlook. Shares traded sideways as results came in modestly below the FactSet consensus.
