Moody's Corporation raises full-year 2014 guidanceStaff writer ▼ | October 1, 2014
Moody's Corporation announced new full-year 2014 guidance. Full-year 2014 non-GAAP EPS guidance is now in the range of $3.95 to $4.05, which excludes a $0.36 gain resulting from Moody's acquisition of a controlling interest in ICRA Ltd. in Q2 2014.
Good news A $0.36 gain from acquisition of a controlling interest in ICRA
Certain components of Moody's 2014 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 2014 is still expected to increase in the high-single-digit percent range, U.S. and non-U.S. MIS revenues are now expected to increase in the high-single-digit percent range and low-double-digit percent range, respectively. MIS financial institutions ratings revenue is now expected to grow in the mid-single-digit percent range. ■