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Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions.
| Analyst | Firm | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Craig Huber | Huber Research Partners | 7 questions · 29% challenging |
| Alex Kramm | UBS | 7 questions · 29% challenging |
| Toni Kaplan | Morgan Stanley | 6 questions · 17% challenging |
| Jeff Silber | BMO Capital Markets | 6 questions · 33% challenging |
| Owen Lau | Clear Street | 6 questions · 33% challenging |
| Andrew Steinerman | JPMorgan | 5 questions · 20% challenging |
| Scott Wurtzel | Wolfe Research | 5 questions · 0% challenging |
| Ashish Sabadra | RBC Capital Markets | 5 questions · 40% challenging |
| George Tong | Goldman Sachs | 5 questions · 0% challenging |
| Peter Christiansen | Citigroup | 4 questions · 0% challenging |
| Firm | Analysts | Questions · challengingPercentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Huber Research Partners | 1 analyst | 7 questions · 29% challenging |
| UBS | 1 analyst | 7 questions · 29% challenging |
| BMO Capital Markets | 1 analyst | 6 questions · 33% challenging |
| Clear Street | 1 analyst | 6 questions · 33% challenging |
| JPMorgan | 2 analysts | 6 questions · 17% challenging |
| Morgan Stanley | 1 analyst | 6 questions · 17% challenging |
| RBC Capital Markets | 1 analyst | 5 questions · 40% challenging |
| Goldman Sachs | 1 analyst | 5 questions · 0% challenging |
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Both MIS and MA grew revenues 8% with adjusted EPS of $4.33 up 13%, as ARR reached $3.6 billion growing 8% year-over-year. Record rated issuance was driven by AI infrastructure financing while private credit demand continued accelerating. Full-year guidance was maintained unchanged with the buyback guidance increased by $500 million.
Demand | Revenue Growth | Cloud & AI | Guidance Reliability | Subscriber Growth | Competitive Dynamics | Credit | Innovation & R&D | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 4 | 6 | 4 | 4 | 2 | 1 | 1 | |
| 2025Q1 | 6 | 2 | 1 | 3 | 2 | 1 | 1 | 1 |
| 2025Q2 | 3 | 2 | 2 | 5 | 2 | 2 | 1 | |
| 2025Q3 | 7 | 1 | 2 | 2 | 3 | 2 | 3 | 1 |
| 2025Q4 | 1 | 1 | 4 | 2 | 1 | 4 | 2 | |
| 2026Q1 | 1 | 7 | 1 | 2 | 1 | 1 | 3 | 3 |
| 2026Q2 | 2 | 2 | 2 | 2 | 1 | 2 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | '26Q2 | |
|---|---|---|---|---|---|---|---|
| Demand | 4 | 6 | 3 | 7 | 1 | 1 | 2 |
| Revenue Growth | 6 | 2 | 2 | 1 | 1 | 7 | 2 |
| Cloud & AI | 4 | 1 | 2 | 2 | 4 | 1 | 2 |
| Guidance Reliability | 4 | 3 | 2 | 2 | 2 | 2 | |
| Subscriber Growth | 2 | 2 | 5 | 3 | 1 | 1 | |
| Competitive Dynamics | 1 | 1 | 2 | 2 | 4 | 1 | 1 |
| Credit | 1 | 2 | 3 | 3 | 2 | ||
| Innovation & R&D | 1 | 1 | 1 | 1 | 2 | 3 | 1 |
Calendar quarter Q1 2026Earnings call Apr 22, 2026
FY2026 Q1 in brief
Both MIS and MA grew revenues 8% with adjusted EPS of $4.33 up 13%, as ARR reached $3.6 billion growing 8% year-over-year.
Newest quarter FY2026 Q3 is part of Pro · see what Pro adds →
GAAP revenue YoY +8.06% → base 7. The base score is anchored to the GAAP revenue YoY band before transcript, EPS, and guidance adjustments.
Sources. Tellvest earnings-call sentiment score for Moody's Corporation (MCO), FY2026 Q1: 7/10. Scores: Moody's Corporation’s public earnings-call transcripts and SEC-reported results — the base band is anchored to reported GAAP revenue growth; transcript, EPS and guidance adjustments are applied separately (documented exceptions apply to a few issuers). Price: MCO daily closing prices for the trailing year; dots mark earnings calls, colored by that quarter’s score; the newest quarter’s score is part of Tellvest Pro. How to read a company earnings-call score.
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| Quarter | Revenue | Rev YoY | EPS | EPS YoY | Op margin | Net margin |
|---|---|---|---|---|---|---|
| FY2024 Q4 | $1.67B | +13.0% | $2.17 | +17.3% | 33.6% | 23.6% |
| FY2025 Q1 | $1.92B | +7.7% | $3.46 | +9.8% | 44.0% | 32.5% |
| FY2025 Q2 | $1.90B | +4.5% | $3.21 | +6.3% | 43.1% | 30.5% |
| FY2025 Q3 | $2.01B | +10.7% | $3.60 | +22.9% | 45.7% | 32.2% |
| FY2025 Q4 | $1.89B | +13.0% | $3.41 | +57.1% | 40.8% | 32.3% |
| FY2026 Q1Selected | $2.08B | +8.1% | $3.73 | +7.8% | 44.3% | 31.8% |
| FY2026 Q2 | $2.19B | +15.1% | $5.03 | +56.7% | 47.9% | 40.2% |
| FY2026 Q3 | $2.02B | +0.8% | $4.24 | +17.8% | 44.8% | 36.3% |
Management’s own words, often on a non-GAAP, constant-currency, or adjusted basis — so these can differ from the GAAP figures above (e.g. constant-currency revenue growth excludes currency swings).
What MCO said about other companies on its FY2026 Q1 call, and what other companies said about MCO on their calls covering the same calendar quarter (Q1 2026). Each company's own fiscal quarter is shown next to its name. Extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“the credit assessments—in our partnership with Moody’s—what is the market risk of those funds based on factors”
MSCI provides private-credit tools including credit assessments via a partnership with Moody's.
“with Moody's upgrading us to Baa1, which means we are now the equivalent of BBB+ at each of the 3 rating agencies.”
Moody's upgraded Kinder Morgan to Baa1, aligning KMI at BBB+ equivalent across all three rating agencies.
“Following our fourth quarter call, Moody's revised their outlook to positive, reflecting continued improvement in our credit trajectory.”
Moody's revised PG&E's outlook to positive, an early step toward a potential upgrade as PG&E works toward investment-grade credit ratings.
“delivering strong investment-grade credit rating of A3, A- and BBB+ with a positive outlook from Moody's, Fitch and S&P, respectively”
Moody's assigned Honeywell an A3 investment-grade rating with a positive outlook on its $20B Aerospace spin financing.
“In late March, Moody's raised its outlook on FirstEnergy's senior unsecured rating to positive resulting from our improved credit profile as well as our low risk rate regulated T&D operations.”
Moody's revised its outlook on FirstEnergy's senior unsecured rating to positive, reflecting a rating-agency view that FirstEnergy's credit profile has improved.
“our leverage ratio is a little elevated with Moody's right now versus where we want to be by the end of the year.”
Bunge notes its leverage ratio as viewed by Moody's is currently above target, a factor it will monitor before accelerating buybacks.
“we continue to have strong investment-grade credit ratings at S&P and Moody's. Both agencies note our trend of credit supportive regulatory outcomes and expect to sustain FFO-to-debt ratios that are well within the current ratings thresholds.”
Moody's maintains American Water's strong investment-grade rating, noting credit-supportive regulatory outcomes.
“Now we certainly understand where we are with Moody's.”
Xcel acknowledges managing its Baa1 outlook and CFO/debt metrics with Moody's through its build cycle.
“a direct reflection of our A credit ratings from both Moody’s and S&P.”
Regency cites its A ratings from Moody's supporting a record-low credit spread.
“we expect Moody’s to issue their annual credit opinion updates in the coming weeks”
Ameren expects Moody's to publish its annual credit opinion update, indicating an active ratings relationship with the agency.
“We are committed to ensuring that we maintain financial flexibility and strong credit metrics over the guidance period, targeting approximately 14% at Moody's and S&P.”
Exelon is targeting roughly 14% credit metrics at Moody's to preserve its ratings and financing flexibility over the plan.
“Moody’s also wants to see some further progress on our construction projects, so they are tracking pipe installation and those things.”
Moody's is conditioning improved credit thresholds for Sempra on further LNG construction progress, tracking pipe installation milestones, a rating-agency expectation.
“With Anthropic for licensed users, our agentic credit and compliance workflows are now available natively inside the cloud interface through something called an MCT application”
Moody's built a first-of-its-kind MCP application with Anthropic, making its agentic credit/compliance workflows available natively inside the Claude interface.
“by making our agentic solutions available through the AWS marketplace, we're meeting customers inside their existing cloud and procurement ecosystems, reducing friction by allowing customers to burn down their AWS commit when consuming Moody's agents and intelligence”
Moody's is distributing its agentic solutions through the AWS Marketplace, letting customers apply spend against AWS commitments, a signal for AWS marketplace consumption.
“launching a dedicated Moody's agent in Microsoft 365 CoPilot and making Moody's intelligence available as a grounding data source across CoPilot experiences”
Moody's is embedding its licensed intelligence into Microsoft 365 Copilot as a grounding data source, extending distribution across Microsoft's productivity tools.
| Company | Score | Trend | Rev YoY | Headline |
|---|---|---|---|---|
| MCOMoody's Corporation | 7 | +8.1% | Record Rated Issuance Driven by AI Infrastructure | |
| CBOECboe Global Markets | 10 | +6.5% | Cboe Global Markets posted record net revenue of $729 million, up 29% year-over-year, with adjusted diluted EPS rising 48% to a record $3.70 (GAAP EPS was $3.66) | |
| CMECME Group | 7 | +14.5% | Record Volume Across All Six Asset Classes | |
| COINCoinbase Global | 1 | -30.5% | Coinbase reported a Q1 net loss of $394 million as total revenue declined 21% quarter-over-quarter amid a broad crypto market downturn that crushed transaction revenue across all segments | |
| FDSFactSet | 6 | +7.1% | FactSet delivered its fourth consecutive quarter of ASV growth acceleration at 6.7%, powered by double-digit Data Solutions growth across all firm types and rapid adoption of AI capabilities including the MCP Server with 120+ clients since December launch | |
| ICEIntercontinental Exchange | 9 | +13.5% | ICE delivered record Q1 net revenues of $3 billion, up 18%, with adjusted EPS of $2.35 surging 37% year-over-year as record exchange volumes spanned all asset classes and the global energy franchise underwent structural repricing | |
| MSCIMSCI | 8 | +14.1% | MSCI delivered over 13% organic revenue growth and nearly 14% adjusted EPS growth, with the ABF run rate hitting $872 million on $103 billion in record inflows and hedge funds driving subscription acceleration, marking record Q1 results across multiple dimensions | |
| NDAQNasdaq, Inc. | 8 | +2.3% | Nasdaq delivered net revenue of $1.4 billion with 13% growth as FinTech achieved record revenue with ACV bookings surging over 50% and 80% cloud-based, while Capital Markets Technology grew 20% with broad-based demand | |
| SPGIS&P Global | 8 | +10.4% | S&P Global grew Q1 2026 revenue 10% (9% organic constant currency) with adjusted diluted EPS up 14% year-over-year, as Ratings demonstrated resilience amid macro volatility and Indices delivered double-digit growth across all product lines |
Record Rated Issuance Driven by AI Infrastructure
Cboe Global Markets posted record net revenue of $729 million, up 29% year-over-year, with adjusted diluted EPS rising 48% to a record $3.70 (GAAP EPS was $3.66)
Coinbase reported a Q1 net loss of $394 million as total revenue declined 21% quarter-over-quarter amid a broad crypto market downturn that crushed transaction revenue across all segments
| Company | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 |
|---|---|---|---|---|---|---|
| MCO | 8 | 4 | 7 | 10 | 9 | 7 |
| CBOE | 7 | 8 | 8 | 9 | 9 | 10 |
| CME | 6 | 8 | 7 | 4 | 7 | 7 |
| COIN | 9 | 7 | 5 | 9 | 1 | 1 |
| FDS | 6 | 6 | 5 | 7 | 6 | 6 |
| ICE | 8 | 8 | 9 | 5 | 8 | 9 |
| MSCI | 6 | 7 | 7 | 7 | 7 | 8 |
| NDAQ | 9 | 8 | 8 | 8 | 8 | 8 |
| SPGI | 9 | 7 | 7 | 10 | 8 | 8 |
FactSet delivered its fourth consecutive quarter of ASV growth acceleration at 6.7%, powered by double-digit Data Solutions growth across all firm types and rapid adoption of AI capabilities including the MCP Server with 120+ clients since December launch
ICE delivered record Q1 net revenues of $3 billion, up 18%, with adjusted EPS of $2.35 surging 37% year-over-year as record exchange volumes spanned all asset classes and the global energy franchise underwent structural repricing
MSCI delivered over 13% organic revenue growth and nearly 14% adjusted EPS growth, with the ABF run rate hitting $872 million on $103 billion in record inflows and hedge funds driving subscription acceleration, marking record Q1 results across multiple dimensions
Nasdaq delivered net revenue of $1.4 billion with 13% growth as FinTech achieved record revenue with ACV bookings surging over 50% and 80% cloud-based, while Capital Markets Technology grew 20% with broad-based demand
S&P Global grew Q1 2026 revenue 10% (9% organic constant currency) with adjusted diluted EPS up 14% year-over-year, as Ratings demonstrated resilience amid macro volatility and Indices delivered double-digit growth across all product lines