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both of these figures include the half year contribution we expect from Engineering Solutions in 2023, excluding the impact of Engineering Solutions, we would have expected revenue growth to be approximately 6% to 8%
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2022 Q4
10 Apr 23
We introduced our initial guidance today, which includes 4% to 6% revenue growth and a 10% to 12% EPS growth.
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2022 Q4
10 Apr 23
we saw a 26% decrease in our ratings revenue, the vast majority of that decrease was offset by a 6% growth in our other businesses
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2022 Q4
10 Apr 23
we saw dramatic decreases in debt issuance, which drove the decline in our revenue and earnings
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2022 Q4
10 Apr 23
It's higher what was executed, compared to what was executed in ’22 was higher on refinancing.
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2022 Q4
10 Apr 23
2022, we saw overall lower volume of maturities, and the reason why is because you actually have to go back two years prior to that, there was a ton of pull forward done and opportunistic tapping to the market done in 2020 and 2021 because rates were so low.
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2022 Q4
10 Apr 23
we don't see any indication of deleveraging, for example, on a meaningful scale
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2022 Q4
10 Apr 23
2023 still has about $1.8 trillion of maturities as of January 1.
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2022 Q4
10 Apr 23
about $2 trillion to $2.5 trillion in corporate debt rated by us maturing over the next six years
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2022 Q4
10 Apr 23
The forecast calls for issuance gains of 8.5% for non-financials, 3% for financial services, 5% for US Public finance, and a decrease in structured finance of 7%.
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2022 Q4
10 Apr 23
After marked declines in issuance in 2022, our ratings research group anticipates that issuance will return to positive growth in 2023.
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2022 Q4
10 Apr 23
The total amount of global debt maturing in this study is $11.1 trillion over the next five years.
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2022 Q4
10 Apr 23
For 2023, we expect build Issuance to be up approximately 2% to 6% for the full year.
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2022 Q4
28 Mar 23
Our financial results and guidance are more closely tied to build issuance
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2022 Q4
28 Mar 23
While 2023 expected maturities have unsurprisingly decreased over the course of 2022, if we look at maturities in the years 2025 to 2027, we see a 12% increase from last year's study. That increase jumps to 23% looking at maturities in 2027 to 2029.
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2022 Q4
28 Mar 23
we're definitely expecting to see also some of the changes over the next period flowing through our P&L
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2022 Q3
10 Nov 22
we're not seeing a significant difference compared to North America or Asia
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2022 Q3
10 Nov 22
What are your thoughts on whether corporates may enter a phase of balance sheet delevering and implications for issuance performance.
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2022 Q3
10 Nov 22
The largest contributors to the decrease in Ratings revenue were a 44% decrease in Corporates and a 31% decrease in Structured Finance, driven predominantly by structured credit.
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2022 Q3
10 Nov 22
we expect desktop to reaccelerate in the fourth quarter
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2022 Q3
10 Nov 22