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Moody's (MCO) guidance and outlook
Moody's (MCO) lowered its guidance on Oct 21, 2026: EPS $16.00–$16.50 for FY2026; Operating margin 44%–45% for the year ending Dec 31, 2026; Interest expense $220M–$240M for the year ending Dec 31, 2026; Tax rate 23%–25% for the year ending Dec 31, 2026.
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| EPS | FY2026 | $16.00–$16.50 | lowered |
| Operating margin | the year ending Dec 31, 2026 | 44%–45% | lowered |
| Interest expense | the year ending Dec 31, 2026 | $220M–$240M | reaffirmed |
| Tax rate | the year ending Dec 31, 2026 | 23%–25% | reaffirmed |
| EPS | the year ending Dec 31, 2026 | $16.00–$16.50 | lowered |
| EPS | the year ending Dec 31, 2026 | $16.50–$17.00 | reaffirmed |
| Operating cash flow | the year ending Dec 31, 2026 | $3.1B–$3.4B | lowered |
| Operating margin | the year ending Dec 31, 2026 | 52%–53% | reaffirmed |
| Depreciation & amortization | the year ending Dec 31, 2026 | +6% | reaffirmed |
| Free cash flow | the year ending Dec 31, 2026 | $2.7B–$2.9B | reaffirmed |
| Revenue | the year ending Dec 31, 2026 | +4% | reaffirmed |
| Operating expenses | the year ending Dec 31, 2026 | +2.5% to +3.5% | reaffirmed |
From the earnings release filed Oct 21, 2026 (8-K on EDGAR).
Moody's latest quarter
Moody's, Q3 2026: revenue $2.0B (+0.8% year over year), operating margin 44.8%, net earnings $736M, operating cash flow $753M. The chart follows the revenue to costs, profit and cash.
Questions
Did Moody's raise or lower its guidance?
Moody's (MCO) lowered its guidance on Oct 21, 2026: EPS $16.00–$16.50 for FY2026; Operating margin 44%–45% for the year ending Dec 31, 2026; Interest expense $220M–$240M for the year ending Dec 31, 2026; Tax rate 23%–25% for the year ending Dec 31, 2026.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.