Moodys Corp (NYSE:MCO)
$ 460.5 -1.64 (-0.35%) Market Cap: 83.46 Bil Enterprise Value: 88.46 Bil PE Ratio: 42.05 PB Ratio: 21.37 GF Score: 93/100

Moody's Corp at UBS Financial Services Conference (Virtual) Transcript

Aug 12, 2020 / 07:50PM GMT
Release Date Price: $278.84 (+1.57%)
Alexander Kramm
UBS Investment Bank, Research Division - Executive Director and Equity Research Analyst of Exchanges, Ebrokers

Hello again, and welcome again to the UBS Financials Conference, which is virtual today. I'm Alex Kramm, senior research Analyst at UBS, covering the U.S. exchanges, rating agencies, information services companies and then commercial real estate brokers.

With us today or next up, I should say, is Moody's. I don't think it needs much explaining. Obviously, 1 of the 2 large rating agencies globally, but they also have a few other things. I think we'll hit on both, although the focus will likely be much more on the rating agency today since we have Michael West here, who's been, I guess, somewhat newly minted president of that group to run us through.

This will be a formal presentation for about 20 minutes or so, and then we'll jump into Q&A. There is an opportunity for you to submit questions. I'm happy to ask them, so don't be shy and submit your questions, and we'll go from there.

So with that being said, Michael, why don't you take us through

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