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MOODY'S News SHIVANI KAK Investor Relations 212.553.0298 shivani.kak@moodys.com MICHAEL ADLER Corporate Communications 212.553.4667 michael.adler@moodys.com moodys.com ir.moodys.com moodys.com/csr moodys.com/esg ■ ■ ■ MOODY'S CORPORATION REPORTS RESULTS FOR FIRST QUARTER 2021 Moody's Corporation 1Q 2021 revenue of $ 1.6 billion , up 24 % from 1Q 2020 Moody's Investors Service revenue of $ 1.0 billion , up 30 % ; Moody's Analytics revenue of $ 564 million , up 14 % , excluding acquisitions up 10 % 1Q 2021 diluted EPS of $ 3.90 , up 52 % from 1Q 2020 ; adjusted diluted EPS of $ 4.06 , up 49 % ¹ FY 2021 diluted EPS and adjusted diluted EPS guidance ranges raised to $ 10.40 to $ 10.70 and $ 11.00 to $ 11.30 ' , respectively NEW YORK , NY - April 28 , 2021 - Moody's Corporation ( NYSE : MCO ) today announced results for the first quarter of 2021 , as well as updated its outlook for full year 2021 . " Moody's performance this quarter demonstrates the increased demand for our integrated risk assessment solutions and insights , " said Rob Fauber , President and Chief Executive Officer of Moody's . " Strong execution and robust activity , particularly in the leveraged loan and speculative grade bond markets , drove Moody's Investors Service's top - line growth . Moody's Analytics ' performance reflects its strong position in high - growth risk markets , further supported by elevated retention rates , renewable products and an expanding solutions suite . Following our strong results in the first quarter , we are increasing our revenue outlook to high - single - digit percent growth , and raising and narrowing our full year 2021 adjusted diluted EPS guidance range to $ 11.00 to $ 11.30 . " 1 Refer to tables at the end of this press release for a reconciliation to U.S. GAAP of all adjusted and organic measures .