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we do quite a bit of credit analysis work to support multiple users in that sector
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2022 Q4
10 Apr 23
private markets, it does contribute quite a bit to our overall business, whether it's in syndicated loans through M&A, LBO activity, et cetera.
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2022 Q4
10 Apr 23
You see that belt tightening, now some of the largest sell side banks, and they're taking a cautious approach right now, and we're not immune to that.
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2022 Q4
10 Apr 23
Financial services industry obviously under pressure.
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2022 Q4
10 Apr 23
Our adjusted net interest expense increased 9%, driven by higher total debt levels, partially offset by lower average cost of debt.
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2022 Q4
10 Apr 23
Exchange rated derivatives revenue increased 34% on increased trading volumes across key contracts, including a more than 70% increase in S&P 500 Index options volume.
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2022 Q4
10 Apr 23
strong demand for CARFAX subscription products
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2022 Q4
10 Apr 23
ou're seeing continued issuance of private debt
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2022 Q4
10 Apr 23
What we saw in private debt specifically in 2022, was a growth that was fueled somewhat by the closure of the public markets. And we have heard a lot of interest from customers with pent-up demand looking to come back to the public markets.
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2022 Q4
10 Apr 23
For enterprise solutions, softness in our capital markets volume-based products continued to weigh in on the business line's performance
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2022 Q4
10 Apr 23
Over the past year, market depreciation totaled $506 billion, ETF AUM net inflows were $157 billion, and this resulted in quarter ending ETF AUM of $2.6 trillion, which is a 12% decrease compared to one year ago.
Our average ETF AUM decreased 8% year-over-year.
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2022 Q4
10 Apr 23
In Mobility, we expect revenue to grow between 6.5% and 8.5% and margins between 39% and 40%
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2022 Q4
10 Apr 23
In Commodity Insights, we expect revenue growth in the 6.5% to 8.5% range and margin between 46% and 47%.
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2022 Q4
10 Apr 23
build issuance to be up between 2% and 6% in 2023. Margins for Ratings are expected to be between 56% and 57%.
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2022 Q4
10 Apr 23
In Ratings, we expect revenue to grow between 4% and 6%, with growth to be driven by volume and price and continued growth in non-transaction revenue.
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2022 Q4
10 Apr 23
We expect to expand operating margin to the range of 45.5% to 46.5%. Diluted EPS, which excludes deal related amortization of $12.35 to $12.55 which is an 11% year-over-year increase from the midpoint. Adjusted free cash flow, excluding certain items is expected to be approximately $4.3 billion to $4.4 billion.
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2022 Q4
10 Apr 23
Excluding the impact of the divestiture of Engineering Solutions, we expect revenue growth to be between 6% to 8%.
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2022 Q4
10 Apr 23
due to the pending divestiture of Engineering Solutions we will not be providing GAAP guidance at this time
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2022 Q4
10 Apr 23
For revenue, we expect 4% to 6% growth, reflecting our continued belief of a mild recession in the first half of 2023 and then some economic strengthening in the back half of the year.
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2022 Q4
10 Apr 23
ICR and RES revenue are historically correlated with the relative strength of the Issuance environment and M&A activity
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2022 Q4
10 Apr 23