By Rob Curran

 

Moody's Corp. targeted growth in 2023 operating earnings after volatile markets weighed on 2022 debt issuance.

For 2023, the New York credit-ratings agency forecast adjusted earnings in a range of $9 to $9.50 a share, up from $8.57 a share in 2022. Moody's projected revenue growth for the year in the mid-to-high-single-digit percentage range.

Moody's also forecast operating expenses rising in the low single-digit percentage range.

 

Write to Rob Curran at rob.curran@wsj.com

 

(END) Dow Jones Newswires

January 31, 2023 07:29 ET (12:29 GMT)

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