Moody's Corporation Reports Results for Fourth Quarter and Full Year 2016; Sets Outlook for Full

Moody's Corporation press release ----- Moody's Corporation (NYSE: MCO) today announced results for the fourth quarter and full year 2016, as well as provided its outlook for full year 2017. "2016 was notable for the variety of events affecting global financial markets," said Raymond McDaniel, President and Chief Executive Officer of Moody's. "Against volatile market conditions, Moody's demonstrated solid financial performance, achieving revenue of $3.6 billion, up three percent from 2015. Recognizing ongoing uncertain macroeconomic and geopolitical conditions, for 2017 we are projecting mid-single-digit percent revenue growth and EPS in the range of $5.15 to $5.30, which includes an estimated $0.15 benefit from an accounting change related to equity compensation." For a more in depth look at Moody's results for fourth quarter and full year 2016 and the outlook for full year 2017 click on the picture below to read the release.