earnings
confidence high
sentiment neutral
materiality 0.75
MSCI Q1 revenue up 14.8% to $680M; EPS $3.22 (+8.4%); retention rate slips to 92.8%
MSCI Inc.
2024-Q1 EPS reported
$3.22
revenue$679,965,000
- Operating revenue $680M, up 14.8% YoY; diluted EPS $3.22, adjusted EPS $3.52 (+12.1%).
- Operating margin 49.9% vs 53.1% a year ago; Adjusted EBITDA margin 56.4% vs 58.2%.
- Retention rate fell to 92.8% from 95.2%, citing $7M cancel from a banking client merger.
- Index asset-based fees up 12.9% on record AUM in MSCI-linked ETFs.
- Board declared $1.60/share Q2 dividend, payable May 31.