earnings
confidence high
sentiment positive
materiality 0.75
MSCI Q2 2024 revenue +14% to $708M, adj. EPS $3.64 (+11.7%); retention 94.8%
MSCI Inc.
2024-Q2 EPS reported
$6.59
revenue$1,387,914,000
- Operating revenues $707.9M (+14.0% YoY); organic revenue growth 9.7%; diluted EPS $3.37 (+9.1%).
- Adjusted EBITDA margin 60.7% (flat); retention rate 94.8% vs 95.5% in Q2 2023.
- Index segment rev $397M (+9.6%), ABF +18.2% driven by ETF AUM growth; ESG & Climate rev $79.9M (+12.1%).
- Private Assets segment rev $64.9M (+72%), largely from Private Capital Solutions; organic growth 1.3%.
- Q3 dividend $1.60/share declared; $241.5M in share repurchases during Q2; no specific FY2024 guidance change.