=Moody's (MCO) reported 4Q earnings on Fri 5 Feb 2016 (before open)

** charts before earnings **




** charts after earnings **

Moody's beats by $0.04, beats on revs; guides FY16 EPS below consensus :

• Reports Q4 (Dec) earnings of $1.09 per share, excluding non-recurring items,$0.04 better than the Capital IQ Consensus of $1.05; revenues fell 1.3% year/year to $865.9 mln vs the $855.89 mln Capital IQ Consensus.
• Co issues downside guidance for FY16, sees EPS of $4.75-4.85 vs. $5.01 Capital IQ Consensus Estimate. Moody's expects full year 2016 revenue and operating expense to each grow in the mid-single-digit percent range. Moody's projects an operating margin of approximately 42% and an adjusted operating margin of approximately 45%.