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Barchart
Barchart
Dipanjan Banchur

Earnings Preview: What to Expect From MSCI's Report

MSCI

New York-based MSCI Inc. (MSCI) provides critical decision support tools and solutions for the global investment community to manage investment processes. Valued at $39 billion by market cap, the company’s research, data, and technology expertise enables clients to understand and analyze key drivers of risk and return, helping build more effective portfolios. Its research-enhanced solutions help clients gain insights and improve transparency across the investment process. The leading investment research firm is expected to announce its fiscal second-quarter earnings for 2024 before the market opens on Tuesday, July 23.

Ahead of the event, analysts expect MSCI to report a profit of $3.56 per share on a diluted basis, up 9.2% from $3.26 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. During the previous quarter, the company’s recurring subscriptions in its index segment rose 8.3% year over year to $212.95 million due to strong growth from market-cap-weighted and custom index products and special packages.

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