Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

MOODYS CORP /DE/ Earnings Release 2013

Oct 25, 2013

29895_rns_2013-10-25_035be5f8-8c29-48be-a410-c383689b7b87.zip

Earnings Release

Open in viewer

Opens in your device viewer

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549

__

FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 25, 2013 MOODY’S CORPORATION (Exact Name of Registrant as Specified in Charter)

Delaware 1-14037 13-3998945
(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

| 7 World Trade Center at 250 Greenwich Street New York, New
York 10007 |
| --- |
| (Address
of Principal Executive Offices) (Zip Code) |

Registrant’s telephone number, including area code: (212) 553-0300

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02, "Results of Operations and Financial Condition"

On October 25, 2013, Moody's Corporation (the "Registrant") announced its financial results for the quarter ended September 30, 2013. A copy of the press release containing the announcement is included as Exhibit 99.1.

In addition to financial results determined in accordance with generally accepted accounting principles (GAAP) that are included in the press release, the press release also includes a non-GAAP EPS financial measure (as defined under Regulation G of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) and a reconciliation of that number to GAAP.

As stated in the press release, as of October 25, 2013, non-GAAP Earnings Per Share guidance for fiscal year 2013 is now $3.51 to $3.57, excluding the impact of a litigation settlement charge; Earnings Per Share guidance for fiscal year 2013 is $3.37 to $3.43 on a GAAP basis, including the $0.14 per share impact of the litigation settlement charge. The foregoing non-GAAP financial measure should be considered in addition to, not as a substitute for or superior to, EPS prepared in accordance with GAAP as more fully discussed in the Registrant’s financial statements and filings with the Securities and Exchange Commission.

The information contained in this Current Report, including the exhibit hereto, is being furnished and shall not be deemed "filed" for the purpose of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into future filings under the Securities Act of 1933, as amended, or the Exchange Act, unless it is specifically incorporated by reference therein.

Item 7.01, "Regulation FD Disclosure"

The information set forth under Item 2.02, "Results of Operations and Financial Condition" is incorporated herein by reference.

Item 9.01, "Financial Statements and Exhibits"

(d) Exhibits

99.1 Press release of Moody's Corporation dated October 25, 2013, announcing results for the quarter ended September 30, 2013.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

By: /s/ John J. Goggins
John J. Goggins
Executive Vice President and General Counsel
Date: October 25, 2013

INDEX TO EXHIBITS

Exhibit No. Description
99.1 Press release of Moody's Corporation dated October 25, 2013,
announcing results for the quarter ended September 30, 2013.