earnings
confidence high
sentiment positive
materiality 0.85
MSCI Q3 revenue up 15.9% to $724.7M; diluted EPS $3.57, adj. EPS $3.86; new $1.5B buyback authorized
MSCI Inc.
2024-Q3 EPS reported
$10.15
revenue$2,112,619,000
- Operating revenues $724.7M (+15.9% YoY); organic revenue growth 11.1%; diluted EPS $3.57 (+9.2%); adjusted EPS $3.86 (+11.9%).
- Index segment revenue $404.9M (+11.8%); asset-based fees up 19.5% to $168.6M driven by record AUM in ETFs linked to MSCI indexes.
- Retention rate 94.2% (vs 95.4% last year); recurring subscription Run Rate growth 8.0%; total Run Rate $2.9B (+17.3%).
- Board authorized new $1.5B share repurchase program; total authorization ~$1.9B as of Oct 28; $198.7M repurchased in Q3.
- Quarterly dividend of $1.60 per share declared for Q4 2024, payable Nov 29 to holders of record Nov 15.