Noemie Heuland

“Echoing Rob, our second quarter results reflect impressive execution against the durable demand drivers we've been highlighting. Let's dive into the numbers, starting with analytics.”

“So we're getting used to first quarter being a little bit hectic. But it's been, yeah, two years. I think we're fortunate to have joined at a very exciting time for Moody's. We have a very strong momentum and deep currents in our debt capital markets across both the U.S. and Europe and Asia-Pac.”

“Q1 represents a solid start to the year, and echoing Rob, our performance reflects discipline execution across both of our businesses. Let me start with Moody's analytics.”

“The fourth quarter kept off an outstanding year across the board. While we experienced tariff-driven uncertainty that resulted in a market-driven air pocket early in 2025, conditions recovered as the year progressed, and we finished very close to our initial internal expectations.”

“We showcased the full force of our earnings power. We are lifting both our top and bottom line guidance, and we're proving we can invest for growth and expand margins at the same time.”