Moody's Corporation's (MCO) CEO Rob Fauber on Q1 2022 Results - Earnings Call Transcript

Moody’s Corporation (NYSE:MCO) Q1 2022 Earnings Conference Call May 2, 2022 11:30 AM ET

Company Participants

Shivani Kak - Head, Investor Relations

Rob Fauber - President and CEO

Mark Kaye - Chief Financial Officer

Conference Call Participants

Manav Patnaik - Barclays

Alex Kramm - UBS

Toni Kaplan - Morgan Stanley

George Tong - Goldman Sachs

Andrew Steinerman - JPMorgan

Ashish Sabadra - RBC Capital Markets

Andrew Nicholas - William Blair

Craig Huber - Huber Research Partners

Jeff Silber - BMO Capital Markets

Owen Lau - Oppenheimer.

Simon Clinch - Atlantic Equities

Shlomo Rosenbaum - Stifel

Kevin McVeigh - Credit Suisse

Faiza Alwy - Deutsche Bank

Patrick O’Shaughnessy - Raymond James

Operator

Please standby. We are about to begin. Good day, everyone. And welcome to the Moody’s Corporation First Quarter 2022 Earnings Conference Call. At this time, I would like to inform you that this call is being recorded. [Operator Instructions]

I will now turn the call over to Shivani Kak, Head of Investor Relations. Please go ahead.

Shivani Kak

Thank you and good morning. Thank you all for joining us to discuss Moody’s first quarter 2022 results and our revised outlook for full year 2022. I am Shivani Kak, Head of Investor Relations.

This morning, Moody’s released its results for the first quarter of 2022, as well as our revised outlook for full year 2022. The earnings press release and the presentation to accompany this teleconference are both available on our website at ir.moodys.com.

Rob Fauber, Moody’s President and Chief Executive Officer, will lead this morning’s conference call. Also making prepared remarks on the call this morning is Mark Kaye, Moody’s Chief Financial Officer.

During this call, we will be presenting non-GAAP or adjusted figures. Please refer to the tables at the end of our earnings press release filed this morning for a reconciliation between all adjusted measures referenced during this call in GAAP.

I call your attention to the Safe Harbor language, which can be found towards the end of our earnings release. Today’s remarks may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.

In accordance with the Act, I also direct your attention to the Management’s Discussion and Analysis section and the risk factors discussed in our annual report on Form 10-K for the year ended December 31, 2021, and in other SEC filings made by the company, which are available on our website and on the SEC’s website. These, together with the Safe Harbor statement, set forth important factors that could cause actual results to differ materially from those contained in any such forward-looking statements.