Moody's Corporation活动介绍 - Moody's Corporation宣布Stephen Tulenko将在由美国银行主办的“Moody's Analytics Primer - a Deep Dive into MA”虚拟会议上发表演讲[1] - 该活动将根据FD法规进行，高管可能在随后与分析师和投资者的会议中使用此内容[2] Moody's Corporation业务概述 - Moody's Corporation是一家全球风险评估公司，帮助组织做出更好的决策[3] - Moody's的数据、分析解决方案和见解帮助决策者识别机会并管理与他人做生意的风险[4]

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) posted an updated management presentation for investors on its website, ir.moodys.com, on Thursday, February 29, 2024. This presentation reflects certain information regarding the Company's results for the three months and full-year ended December 31, 2023, as well as its full-year 2024 guidance as of February 13, 2024, and its posting is provided pursuant to Regulation FD. Senior management may use this updated presentation during meetings with ana ...

Wingstop - Wingstop是一家市场份额增长迅速且回报长期投资者的餐厅连锁店[4] - Wingstop在2023财年第三季度报告中实现了26.4%的年度营收增长，数字销售额同比增长66.9%[5] - Wingstop在第三财季结束时具有16.7%的净利润率，公司的净收入同比增长46%[6] - Wingstop计划将餐厅连锁扩展到全球前十大餐厅品牌，具有长期愿景和引人注目的财务增长[7] - Wingstop在朝着成为顶级餐厅的目标迅速增长股息，公司在2023年将股息提高了15.8%[8] Moody's - Moody's是一家提供有意义的股息增长率和资产增值的风险管理和金融服务公司[10] - Moody's几乎每年都会将股息提高超过10%，2023年将每股季度股息从70美分提高到77美分[11] - Moody's在2023年第三季度实现了两位数的营收和盈利增长，公司还通过回购了价值2.78亿美元的股票向股东返还资本[13] - Moody's目前的前瞻市盈率为35，最高目标价为每股455美元，暗示股价有15%的上涨空间[14] 沃尔玛 - 沃尔玛在过去五年中为投资者带来了77%的收益，并在2024财年前九个月回购了13亿美元的股票[15] - 沃尔玛在国内和国际市场上都在增长，总营收增长率为5.2%，包括2024财年第三季度15%的电子商务增长[16] - 沃尔玛拥有健康的现金流和1.35%的股息收益率，公司稳步增加股息，最近将每股季度股息从56美分提高到57美分[17] - 沃尔玛的平均目标价表明股价有7%的上涨空间，最高目标价为每股210美元，暗示股价可以从当前价格上涨24.3%[18]

财务数据和关键指标变化 - 2023年公司收入增长8%,调整后每股收益增长16% [5] - 2024年公司预计收入增长高个位数到低双位数,调整后每股收益在10.25美元到11美元之间 [8] - 2023年公司经营利润率提升超过100个基点 [5] - 2024年公司预计经营利润率在44%到46%之间,较2023年提升约100个基点 [22] 各条业务线数据和关键指标变化 - 2023年Moody's Analytics(MA)业务年度经常性收入增长10%,保持中90%的续订率 [5] - 2024年MA业务预计收入增长约10%,经常性收入增长低双位数 [5] - 2023年Moody's Investor Service(MIS)业务收入增长6% [5] - 2024年MIS业务预计收入增长高个位数到低双位数 [8] 各个市场数据和关键指标变化 - 2023年公司在拉丁美洲的Moody's Local业务有22%的有机收入增长 [14] - 2023年公司在金融服务行业以外的新客户销售复合年增长率达14% [14] 公司战略和发展方向及行业竞争 - 公司正加大在人工智能(GenAI)、新产品开发和技术平台化等三大领域的投资 [15][16][19] - 公司正在扩大在私募信贷、数字金融等新兴市场的覆盖 [10] - 公司在评级、风险管理等领域保持市场领先地位,在Chartis RiskTech100排名连续两年第一 [9] 管理层对经营环境和未来前景的评论 - 管理层认为2024年市场环境将更加有利,预计利率将在第二季度开始下降 [20][66] - 管理层认为公司有很大的增长潜力,正在加大投资以充分利用人工智能、拓展新客户和深化现有客户关系 [13][14] 问答环节重要的提问和回答 问题1 **George Tong 提问** 询问公司在人工智能、产品开发和技术平台化方面的投资计划及其对2024年利润率的影响 [25][26] **Rob Fauber 和 Caroline Sullivan 回答** - 公司在这三大领域的增量投资约6000万美元 - 这些投资将对2024年MA业务利润率产生一定压力,但MIS业务利润率有望提升约200个基点 [27][78][79] 问题2 **Toni Kaplan 提问** 询问公司对正常发行水平的看法,以及从当前水平恢复到正常水平的空间 [29] **Rob Fauber 和 Mike West 回答** - 公司认为2023年发行水平略低于过去10年的平均水平,但2024年有望回升至略高于平均水平 [30][66] - 公司预计2024年公司债券和高收益债券发行将好于投资级债券 [66][102][103] 问题3 **Manav Patnaik 提问** 询问MIS业务中经常性收入的增长情况 [67] **Rob Fauber 回答** - MIS业务中经常性收入增长预计将温和上升,主要受益于新增评级客户的增加 [67]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (MARK ONE) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . COMMISSION FILE NUMBER 1-14037 MOODY’S CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Delaware 13-3998945 (STATE OF INCORPORATION) (I.R.S. ...

Moody's (MCO) reported $1.48 billion in revenue for the quarter ended December 2023, representing a year- over-year increase of 14.7%. EPS of $2.19 for the same period compares to $1.60 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.49 billion, representing a surprise of -0.66%. The company delivered an EPS surprise of -6.41%, with the consensus EPS estimate being $2.34. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

Moody's (MCO) came out with quarterly earnings of $2.19 per share, missing the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $1.60 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -6.41%. A quarter ago, it was expected that this credit ratings agency would post earnings of $2.35 per share when it actually produced earnings of $2.43, delivering a surprise of 3.40%. Over the last four quarters, the c ...

NEW YORK--(BUSINESS WIRE)--Moody's Corporation (NYSE: MCO) today announced results for the fourth quarter and full year 2023, and provided its outlook for full year 2024. The Fourth Quarter and Full Year 2023 Earnings Release and other earnings materials can be found on the Moody’s IR website at ir.moodys.com. In addition, the Earnings Release will be furnished with the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at www.sec.gov. “ 2023 was a year of tremen ...

Moody's (MCO) is scheduled to announce fourth-quarter and full-year 2023 results on Feb 13, before the opening bell. The company’s Corporate Finance line, the largest revenue contributor at the Moody's Investors Service (“MIS”) division, is likely to have witnessed solid revenue performance in the to-be-reported quarter. Global issuance activity was robust in the fourth quarter of 2023 compared with the prior-year quarter. The issuance volume also got boosted by the tightening of corporate spreads in the la ...

Analysts on Wall Street project that Moody's (MCO) will announce quarterly earnings of $2.34 per share in its forthcoming report, representing an increase of 46.3% year over year. Revenues are projected to reach $1.49 billion, increasing 15.5% from the same quarter last year. Over the last 30 days, there has been an upward revision of 1.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts o ...