earnings
confidence high
sentiment positive
materiality 0.75
MSCI Q3 2022 EPS $2.68 (+32% YoY); revenue $560.6M (+8.4%); raises free cash flow guidance
MSCI Inc.
2022-Q3 EPS reported
$8.05
revenue$1,672,390,000
- Operating revenues $560.6M (+8.4%); diluted EPS $2.68 (+32%); adjusted EPS $2.85 (+12.6%).
- Recurring subscription revenue up 17.5%; asset-based fees down 11.4% on lower average AUM.
- Index subscription run rate growth highest in a decade (12.6% organic); Analytics retention rate record 95.9%.
- Full-year 2022 guidance: operating expense narrowed to $1,030-$1,060M; free cash flow raised to $1,025-$1,075M.
- Declared Q4 cash dividend of $1.25/share (payable Nov 30); $1.3B remaining on buyback authorization.