Moody's Corporation Raises Full-Year 2012 Guidance

Moody's Corporation MCO today announced new full-year 2012 guidance. Moody's EPS guidance range for full-year 2012 is now $2.76 to $2.86. Moody's pro-forma EPS guidance range is $2.70 to $2.80. Pro-forma EPS excludes an approximate $0.06 per share benefit related to the favorable resolution of a legacy tax matter in the third quarter of 2012. For Moody's overall, the Company now expects full-year 2012 revenue to grow approximately 12 percent to 13 percent. Full-year 2012 expenses are now also expected to increase approximately 12 percent to 13 percent. Full-year 2012 operating margin is still projected to be approximately 39 percent. The effective tax rate is now expected to be approximately See full press release