Moody's Q3 Revenue Growth Slows to 1% as Adjusted EPS Rises 6%
MCO is trading near its 52-week low of $402.28 (15% above the low) on elevated volume (2.3× avg).
Summary
Moody's reported Q3 2026 revenue of $2.02 billion, up just 1% (3% organic constant currency), with adjusted EPS of $4.14, up 6%, and EPS of $4.24. That is a sharp deceleration from Q2, when revenue jumped 15% to $2.185 billion and adjusted EPS hit $4.68 on a 25% surge in MIS revenue. The top line came in below the prior quarter's run rate, so the issuance-driven growth that powered the first half appears to have cooled. The 8-K filed this morning carries the same figures; the 9:00 a.m. ET call is where management will have to explain the slowdown. Watch whether the buyback — raised to $3 billion in July — is stepped up to support the stock. Moody's reaffirmed its full-year 2026 guidance, still seeing revenue up high-single digits, adjusted EPS of $16.50 to $17.00 and EPS of $16.00 to $16.50, an adjusted operating margin of 52%-53%, and operating cash flow of $3.15 billion to $3.35 billion with free cash flow of $2.7 billion to $2.9 billion.
At the time of this announcement, MCO was trading at $462.08 on NYSE in the Finance sector, with a market capitalization of approximately $82.3B. The 52-week trading range was $402.28 to $546.88. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: BusinessWire.