Moody's slightly lowered its 2026 operating margin guidance while raising its share buyback outlook, as second-quarter adjusted diluted earnings per share rose 31% to $4.68, beating the consensus estimate by $0.43. Revenue increased 15% year-over-year to $2.19 billion, exceeding expectations by $110 million, and operating margin expanded 480 basis points to 47.9%. The company now expects 2026 operating margin in a range of 44% to 45%, down from approximately 45% previously, and raised its share repurchase forecast to up to $3.0 billion from about $2.5 billion. Moody's also modestly lifted the lower end of its 2026 adjusted EPS guidance to $16.50 to $17.00 from $16.40 to $17.00, while continuing to project high-single-digit percent revenue growth. The board declared a quarterly dividend of $1.03 per share, unchanged from the prior quarter.
Moodys CorporationQ2 earnings beat, raised buyback outlook, and lifted EPS guidance