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MSCI Inc. (NYSE:MSCI) Surpasses Earnings and Revenue Estimates

MSCI Inc. (NYSE:MSCI) Surpasses Earnings and Revenue Estimates Oct. 29, 2024, 10 a.m., readers: 7

Earnings Per Share of $3.86, beating the estimated $3.78 and showcasing MSCI's ability to exceed market expectations. Revenue reached approximately $724.7 million, surpassing the estimated $716.2 million, indicating strong demand for MSCI's products. The company's Price-to-Earnings (P/E) ratio stands at approximately 41.85, reflecting investor confidence in MSCI's financial health. MSCI Inc. (NYSE:MSCI) is a leading provider of decision support tools and services for the global investment community. The company offers a range of products, including indexes, portfolio risk and performance analytics, and ESG (Environmental, Social, and Governance) research. MSCI competes with other financial data providers like S&P; Global and FTSE Russell. On October 29, 2024, MSCI reported earnings per share of $3.86, surpassing the estimated $3.78. This performance highlights MSCI's ability to exceed market expectations, as the company also reported a revenue of approximately $724.7 million, exceeding the estimated $716.2 million. The revenue rose by 15.9% compared to the previous year, driven by a surge in index operating turnover and strong demand for its analytical products. The company's earnings per share of $3.86 also surpassed the Zacks Consensus Estimate of $3.77, marking an improvement from the $3.45 per share reported in the same quarter last year. This growth underscores MSCI's strong financial performance and its capacity to deliver value to its shareholders. MSCI's financial metrics provide further insight into its market position. The company has a price-to-earnings (P/E) ratio of approximately 41.85, indicating that investors are willing to pay over 41 times the company's earnings over the past year. The price-to-sales ratio stands at about 18.25, suggesting that investors are paying $18.25 for every dollar of sales generated by the company. Despite a negative debt-to-equity ratio of -6.17, which may indicate a unique financial structure, MSCI maintains a current ratio of approximately 0.95. This suggests that the company has slightly less than enough current assets to cover its current liabilities, reflecting its financial management strategies.

About NYSE: MSCI

M SCI Inc., together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives;

Price: 584.91
Market cap: 45.8 billion USD
Eps: 15.25
P/e ratio: 38.36
Focus Analysis On: MSCI