The numbers MCO said it expected, in its earnings releases of the last 3 years, next to what it then reported for the same period. Each target links to the sentence in the release; each result to the 10-Q or 10-K it was first reported in.
4 full-year targets were dropped quietly: the next release, before the year ended, gave other targets for that year but said nothing about these.
| Target | What the company said | Reported | Result |
|---|---|---|---|
| Operating cash flow (company-defined) Fiscal 2026 |
Given $3.25B to $3.45B release 2026-02-18
Kept $3.25B to $3.45B release 2026-04-22
Lowered $3.15B to $3.35B release 2026-07-22
Kept $3.15B to $3.35B release 2026-10-21
|
– | No standard number |
The company's wordsProjected for the Year Ended December Projected for the Year Ended December … Operating cash flow guidance $3.25 to $3.45 billion release 2026-02-18 Projected for the Year Ended December 31, 2026 Reserve for international non-income obligation Projected for the Year Ended December 31, 2026 … Operating cash flow guidance $3.25 to $3.45 billion release 2026-04-22 Projected for the Year Ended December 31, 2026 Reserve for international non-income obligation Duplicate rent - NY HQ(5) Negligible Projected for the Year Ended … Operating cash flow guidance $3.15 to $3.35 billion release 2026-07-22 Projected for the Year Ended December 31, 2026 Reserve for international non-income obligation Duplicate rent - NY HQ(5) Negligible Projected for the Year Ended … Operating cash flow guidance $3.15 to $3.35 billion release 2026-10-21 | |||
| Free cash flow (company-defined) Fiscal 2026 |
Given $2.80B to $3.00B release 2026-02-18
Kept $2.80B to $3.00B release 2026-04-22
Lowered $2.70B to $2.90B release 2026-07-22
Kept $2.70B to $2.90B release 2026-10-21
|
– | No standard number |
The company's wordsProjected for the Year Ended December Projected for the Year Ended December … Free Cash Flow guidance $2.8 to $3.0 billion release 2026-02-18 Projected for the Year Ended December 31, 2026 Reserve for international non-income obligation Projected for the Year Ended December 31, 2026 … Free Cash Flow guidance $2.8 to $3.0 billion release 2026-04-22 Projected for the Year Ended December 31, 2026 Reserve for international non-income obligation Duplicate rent - NY HQ(5) Negligible Projected for the Year Ended … Free Cash Flow guidance $2.7 to $2.9 billion release 2026-07-22 Projected for the Year Ended December 31, 2026 Reserve for international non-income obligation Duplicate rent - NY HQ(5) Negligible Projected for the Year Ended … Free Cash Flow guidance $2.7 to $2.9 billion release 2026-10-21 | |||
| Diluted EPS (company-defined) Fiscal 2026 |
Given $15.00 to $15.60 release 2026-02-18
Raised $16.40 to $17.00 release 2026-04-22
Raised $16.50 to $17.00 release 2026-07-22
Kept $16.50 to $17.00 release 2026-10-21
|
– | No standard number |
The company's wordsProjected for the Year Ended December Projected for the Year Ended December … Diluted EPS guidance $15.00 to $15.60 release 2026-02-18 Reaffirmed guidance for full-year 2026 MCO revenue growth 1 in the high-single digit percent range and Adjusted Diluted EPS 1 within the range of $16.40 to $17.00. release 2026-04-22 Reaffirmed guidance for full-year 2026 MCO revenue growth 1 in the high-single digit percent range and narrowed Adjusted Diluted EPS 1 guidance range to $16.50 to $17.00. release 2026-07-22 Reaffirmed guidance 2 for full-year 2026, including Diluted EPS range of $16.00 to $16.50 and Adjusted Diluted EPS 1 range of $16.50 to $17.00. release 2026-10-21 | |||
| Operating cash flow (company-defined) Fiscal 2025 (ended 2025-12-31) |
Given $2.75B to $2.95B release 2025-02-13
Lowered $2.65B to $2.85B release 2025-04-22
Kept $2.65B to $2.85B release 2025-07-23
|
– | No standard number |
The company's wordsProjected for the Year Ended December Projected for the Year Ended December … Operating cash flow guidance $2.75 to $2.95 billion release 2025-02-13 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Operating cash flow guidance $2.65 to $2.85 billion release 2025-04-22 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Operating cash flow guidance $2.65 to $2.85 billion release 2025-07-23 | |||
| Free cash flow (company-defined) Fiscal 2025 (ended 2025-12-31) |
Given $2.40B to $2.60B release 2025-02-13
Lowered $2.30B to $2.50B release 2025-04-22
Kept $2.30B to $2.50B release 2025-07-23
|
– | No standard number |
The company's wordsProjected for the Year Ended December Projected for the Year Ended December … Free Cash Flow guidance $2.40 to $2.60 billion release 2025-02-13 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Free Cash Flow guidance $2.30 to $2.50 billion release 2025-04-22 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Free Cash Flow guidance $2.30 to $2.50 billion release 2025-07-23 | |||
| Diluted EPS (company-defined) Fiscal 2025 (ended 2025-12-31) |
Given $14.00 to $14.50 release 2025-02-13
Lowered $12.00 to $12.75 release 2025-04-22
Raised $12.25 to $12.75 release 2025-07-23
Raised $13.15 to $13.40 release 2025-10-22
|
– | No standard number |
The company's wordsFor 2025, we are forecasting MCO revenue growth in the high-single-digit percent range and Adjusted Diluted EPS in the range of $14.00 to $14.50, growing low-to-mid-teens on the back of 26% growth in full year 2024. release 2025-02-13 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Diluted EPS guidance $12.00 to $12.75 release 2025-04-22 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Diluted EPS guidance $12.25 to $12.75 release 2025-07-23 Projected for the Year Ended December 31, 2025 Charges Related to Asset Abandonment Negligible Projected for the Year Ended December 31, 2025 … Diluted EPS guidance $13.15 to $13.40 release 2025-10-22 | |||
| Operating cash flow (company-defined) Fiscal 2024 (ended 2024-12-31) |
Given $2.30B to $2.50B release 2024-02-13
Kept $2.30B to $2.50B release 2024-05-02
Raised $2.40B to $2.60B release 2024-07-23
|
– | No standard number |
The company's wordsFull Year 2024 Moody's Corporation Guidance as of February 13, 2024 MOODY'S CORPORATION Current guidance Revenue Increase in the high-single-digit to low-double … Operating Cash Flow $2.3 to $2.5 billion release 2024-02-13 Projected for the Year Ended December 31, 2024 Restructuring Negligible Projected for the Year Ended December 31, 2024 … Operating cash flow guidance $2.3 to $2.5 billion release 2024-05-02 Projected for the Year Ended December 31, 2024 Restructuring Negligible Projected for the Year Ended December 31, 2024 … Operating cash flow guidance $2.4 to $2.6 billion release 2024-07-23 | |||
| Free cash flow (company-defined) Fiscal 2024 (ended 2024-12-31) |
Given $1.90B to $2.10B release 2024-02-13
Kept $1.90B to $2.10B release 2024-05-02
Raised $2.00B to $2.20B release 2024-07-23
|
– | No standard number |
The company's wordsFull Year 2024 Moody's Corporation Guidance as of February 13, 2024 MOODY'S CORPORATION Current guidance Revenue Increase in the high-single-digit to low-double … Free Cash Flow(1) $1.9 to $2.1 billion release 2024-02-13 Projected for the Year Ended December 31, 2024 Restructuring Negligible Projected for the Year Ended December 31, 2024 … Free Cash Flow guidance $1.9 to $2.1 billion release 2024-05-02 Projected for the Year Ended December 31, 2024 Restructuring Negligible Projected for the Year Ended December 31, 2024 … Free Cash Flow guidance $2.0 to $2.2 billion release 2024-07-23 | |||
| Diluted EPS (company-defined) Fiscal 2024 (ended 2024-12-31) |
Given $9.45 to $10.20 release 2024-02-13
Raised $9.55 to $10.15 release 2024-05-02
Raised $9.95 to $10.35 release 2024-07-23
Raised $10.85 to $11.05 release 2024-10-22
|
– | No standard number |
The company's wordsFull Year 2024 Moody's Corporation Guidance as of February 13, 2024 MOODY'S CORPORATION Current guidance Revenue Increase in the high-single-digit to low-double … Diluted EPS $9.45 to $10.20 release 2024-02-13 Projected for the Year Ended December 31, 2024 Restructuring Negligible Projected for the Year Ended December 31, 2024 … Diluted EPS guidance $9.55 to $10.15 release 2024-05-02 Projected for the Year Ended December 31, 2024 Restructuring Negligible Projected for the Year Ended December 31, 2024 … Diluted EPS guidance $9.95 to $10.35 release 2024-07-23 Projected for the Year Ended December 31, 2024 Projected for the Year Ended December 31, 2024 … Diluted EPS guidance $10.85 to $11.05 release 2024-10-22 | |||
Targets are read from the sentences of the EX-99 exhibits of 8-K item 2.02 filings (12 releases since 2024-02-13), without AI; in outlook tables only the first column is read. The result compares the reported number with the last range given before the period was reported. Results come from SEC's XBRL company facts, as first reported. A company's target can use its own definition (META's capital expenditures include finance lease payments, for example), so read the quote.
Work on MCO in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
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