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Moody's Corporation full-year EPS guidance $4.55 to $4.65

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Staff writer ▼ | October 1, 2015
Moody's
Reaffirming guidance   Certain components of guidance have been modified

Moody's Corporation reaffirmed its full-year 2015 guidance. Full-year 2015 EPS guidance is still in the range of $4.55 to $4.65.

Certain components of Moody’s 2015 revenue guidance have been modified to reflect the Company’s current view of business conditions. While global Moody’s Investors Service (MIS) revenue for full-year 2015 is still expected to increase in the mid-single-digit percent range, non-U.S. MIS revenue is now expected to decrease in the low-single-digit percent range.

Additionally, while global Moody’s Analytics revenue for full-year 2015 is still expected to increase in the mid-single-digit percent range, professional services revenue is now expected to decrease in the low-double-digit percent range.

“We are reaffirming our 2015 earnings per share guidance of $4.55 to $4.65,” said Raymond McDaniel, President and chief executive officer of Moody’s.

“We continue to see generally accessible financial market conditions, as well as strong demand for many of our Moody’s Analytics products. However, market volatility and subdued economic growth in some regions continue to moderate fixed income activity.”

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