Moody’s Corporation Boosts FY2014 Outlook (MCO)

On Tuesday morning, Moody’s Corporation (MCO) reported that it has boosted its outlook for FY2014.

The rating agency has raised its adjusted FY2014 outlook to a range of $3.95 to $4.05 per share. The company previously reported an outlook of $3.90 to $4.00 per share. Analysts are expecting to see earnings of $4.02 per share.

The expected EPS does not include a 36 cent gain in relation to MCO’s acquisition of controlling interest in ICRA Ltd. The outlook includes costs related to its WebEquity purchase.

On a GAAP basis, MCO expects to see earnings between $4.31 and $4.41 per share. Revenue is expected to rise in the low double digits. Analysts expect to see revenue of $3.30 billion.

MCO Dividend Snapshot

As of market close on September 29, 2014

Click here to see the complete history of MCO dividends.

Moody’s Corporation shares were mostly flat during pre-market trading Tuesday. The stock is up 19.93% YTD.