Moody's meets Q1 revenue, beats on adjusted EPS; reaffirms 2026 revenue view

Moodys

22/04/2026 12:11

Overview

U.S. credit rating agency's Q1 revenue rose 8% yr/yr; met analyst expectations

Adjusted EPS for Q1 rose 13% yr/yr and beat analyst expectations

Company raised full-year share repurchase guidance to $2.5 bln

Outlook

Moody's reaffirms 2026 revenue growth guidance in the high-single digit percent range

Company maintains 2026 adj diluted EPS outlook at $16.40 to $17.00

Moody's raises 2026 share repurchase guidance to about $2.5 bln

Result Drivers

RECORD ISSUANCE - MIS revenue rose 8% yr/yr, driven by record investment grade issuance and strong infrastructure finance activity, supported by AI-related financing and significant infrastructure funding needs

RECURRING REVENUE GROWTH - MA recurring revenue increased 11% yr/yr, led by Decision Solutions and KYC, reflecting ongoing shift to subscription-based solutions

OPERATING LEVERAGE - Margin expansion and adjusted EPS growth were supported by topline growth and operating leverage

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Meet
$2.08 bln
$2.08 bln (17 Analysts)
Q1 Adjusted EPS
Beat
$4.33
$4.22 (20 Analysts)

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)