Moody's Corp. (MCO) Misses Q4 EPS by 1c; Guides FY17 EPS Above Views
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Moody's Corporation Reports Results for Fourth Quarter and Full Year 2016; Sets Outlook for Full Year 2017
February 17, 2017 7:00 AM EST4Q16 revenue up 9% to $942.1 million; FY 2016 revenue up 3% to $3.6 billion 4Q16 net loss of $428.6 million and adjusted net income of $237.3 million; FY 2016 net income of $266.6 million and adjusted net income of $940.6 million 4Q16 loss per share of $2.22, a $3.31 decrease from 4Q15 EPS; adjusted EPS up 13% to $1.23 FY 2016 EPS of $1.36 down 71%; adjusted EPS up 5% to $4.81 Expect FY 2017 EPS of $5.15 to $5.30, which includes an estimated $0.15 benefit from an accounting change related to equity compensation
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