MSCI(MSCI)

Search documents
MSCI to Participate in Upcoming Investor Events; Publishes Investor Presentation
Businesswire· 2024-02-22 14:57
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (“MSCI” or the “Company”) (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that members of management will participate in the following investor events: Henry Fernandez, Chairman and Chief Executive Officer, at the RBC Global Financial Institutions Conference 2024 on March 6, 2024 at 12:00 PM Eastern Time Andy Wiechmann, Chief Financial Officer, at the UBS Financial Services Conferen ...
AI predicts MSCI stock price for the end of 2024
Finbold· 2024-02-14 09:53
MSCI Inc (NYSE: MSCI) is a prominent global provider of various financial instruments and services. Its offerings include equity, fixed income, and real estate indices alongside multi-asset portfolio analysis tools. Additionally, MSCI specializes in environmental, social, and governance (ESG) and climate-focused products, contributing to its comprehensive offerings in the finance sector.MSCI has computed its global equity indices since 1969, with the MSCI World being a notable example. In 2018, MSCI signifi ...
Earnings Growth & Price Strength Make MSCI (MSCI) a Stock to Watch
Zacks Investment Research· 2024-02-13 15:31
Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.The Zacks Premium service, which provides daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter, makes these more manageable goals. All of the features can help you identify what stocks to buy, what to sell, and what ...
MSCI Equity Indexes February 2024 Index Review
Businesswire· 2024-02-12 23:33
LONDON--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, announced the results of the February 2024 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the MSC ...
MSCI(MSCI) - 2023 Q4 - Annual Report
2024-02-08 16:00
Part I [Business](index=4&type=section&id=Item%201.%20Business) MSCI Inc. provides critical decision support tools to the global investment community, operating through four segments with BlackRock as its largest client - MSCI provides critical decision support tools and solutions including indexes, analytics, ESG and climate solutions, and private asset data to the global investment community[16](index=16&type=chunk)[18](index=18&type=chunk) - As of December 31, 2023, MSCI served approximately 7,000 clients in over 95 countries; BlackRock was the largest client, accounting for **9.8% of consolidated operating revenues** for the year[20](index=20&type=chunk) - The company's growth strategy includes executing strategic acquisitions, highlighted by the recent completion of the acquisition of The Burgiss Group, LLC ("Burgiss"), a provider of private capital investment decision support tools[26](index=26&type=chunk) [Segments](index=6&type=section&id=Segments) MSCI operates through Index, Analytics, ESG and Climate, and All Other – Private Assets segments, with Index being the largest contributor to FY2023 revenues Revenue Contribution by Segment (FY 2023) | Segment | Revenue Contribution | Source Chunk | | :--- | :--- | :--- | | Index | 57.4% | [33] | | Analytics | 24.4% | [41] | | ESG and Climate | 11.4% | [48] | | All Other – Private Assets | 6.9% | [53] | - On October 2, 2023, the company acquired the remaining **66.4% interest in Burgiss**, which is now part of the All Other – Private Assets segment under Private Capital Solutions[28](index=28&type=chunk) [Competition](index=14&type=section&id=Competition) MSCI faces intense competition across its Index, Analytics, ESG and Climate, and private assets segments from various industry players - **Index Competitors:** S&P Dow Jones Indices LLC, FTSE Russell, Solactive AG, Nasdaq Inc, and Bloomberg Finance L.P.[58](index=58&type=chunk) - **Analytics Competitors:** Axioma (part of SimCorp), BlackRock Solutions, Bloomberg, and FactSet Research Systems Inc.[60](index=60&type=chunk) - **ESG and Climate Competitors:** Sustainalytics Holding B.V. (part of Morningstar, Inc.), Institutional Shareholder Services Inc., Trucost (an S&P Global Inc. business), Refinitiv, Bloomberg and Moody's Corporation[61](index=61&type=chunk) [Human Capital Management](index=16&type=section&id=Human%20Capital%20Management) As of December 31, 2023, MSCI employed 5,794 people globally, with a focus on diversity, equity, and inclusion and a hybrid work model Employee Statistics (as of Dec 31, 2023) | Metric | Value | | :--- | :--- | | Total Employees | 5,794 | | % in Asia Pacific | 46.2% | | % in EMEA | 26.9% | | % in U.S. & Canada | 18.8% | | % in Mexico & Brazil | 8.1% | | Voluntary Turnover (1-yr) | 7.3% | | Involuntary Turnover (1-yr) | 2.8% | - As of December 31, 2023, women represented **34.3% of the global workforce** and **26.2% of global employees in management roles**[73](index=73&type=chunk) - In the December 2023 employee engagement survey, MSCI achieved an **82% response rate**, with **75% of respondents characterized as fully engaged**[83](index=83&type=chunk) [Government Regulation](index=19&type=section&id=Government%20Regulation) MSCI is subject to global regulations, with subsidiaries authorized as benchmark administrators in the UK and Germany, and an SEC-registered investment adviser in the US - MSCI Limited (UK) and MSCI Deutschland GmbH (Germany) are authorized benchmark administrators under UK FCA and German BaFin regulations, respectively[88](index=88&type=chunk) - MSCI ESG Research LLC is a registered investment adviser and must comply with the U.S. Investment Advisers Act of 1940, including disclosure, recordkeeping, and marketing restrictions[89](index=89&type=chunk) [Risk Factors](index=22&type=section&id=Item%201A.%20Risk%20Factors) MSCI faces significant operational, client, technology, and regulatory risks, including dependence on third-party data, client concentration, cybersecurity threats, and evolving benchmark regulations - Operational risks include dependence on third-party data suppliers, potential for undetected errors in products, and reputational damage from perceived conflicts of interest or methodological disagreements[105](index=105&type=chunk)[108](index=108&type=chunk)[113](index=113&type=chunk) - Client risks are significant, with the largest client, BlackRock, accounting for **9.8% of consolidated operating revenues in 2023**, and the risk of clients negotiating lower asset-based fees or ceasing to use MSCI indexes[123](index=123&type=chunk)[126](index=126&type=chunk) - Technology risks involve potential failures or disruptions in IT systems, failure to protect confidential data, and vulnerability to increasingly sophisticated cyber-attacks[131](index=131&type=chunk)[135](index=135&type=chunk)[138](index=138&type=chunk) - Legal and regulatory risks include failure to comply with complex global regulations, particularly those affecting benchmarks (e.g., EU BMR) and the emerging regulation of ESG ratings providers[158](index=158&type=chunk)[161](index=161&type=chunk)[163](index=163&type=chunk) [Unresolved Staff Comments](index=50&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports no unresolved staff comments - There are no unresolved staff comments to be disclosed[206](index=206&type=chunk) [Cybersecurity](index=50&type=section&id=Item%201C.%20Cybersecurity) MSCI maintains an enterprise-wide information security program overseen by its CISO and Board, with no material incidents identified in the last three fiscal years - The company has an enterprise-wide information security program managed by the Chief Information Security Officer (CISO) and based on industry standards like NIST and ISO 27001[207](index=207&type=chunk)[209](index=209&type=chunk) - The Audit and Risk Committee of the Board of Directors is responsible for oversight of cybersecurity threats and receives quarterly updates from the CISO[217](index=217&type=chunk) - In the last three fiscal years, MSCI has not identified any material cybersecurity incidents or risks that have materially affected its business, results of operations, or financial condition[215](index=215&type=chunk) [Properties](index=53&type=section&id=Item%202.%20Properties) MSCI's principal offices are leased properties globally, with major locations in New York, Budapest, and Mumbai, deemed adequate for current operations Principal Leased Properties (as of Dec 31, 2023) | Location | Square Feet | Expiration Date | | :--- | :--- | :--- | | New York, New York | 125,811 | Feb 28, 2033 | | Budapest, Hungary | 70,833 | Feb 28, 2029 | | Mumbai, India | 63,143 | Jul 31, 2032 | | Monterrey, Mexico | 56,213 | Oct 31, 2028 | | London, England | 30,519 | Dec 25, 2026 | [Legal Proceedings](index=53&type=section&id=Item%203.%20Legal%20Proceedings) Management believes that pending legal proceedings will not materially affect MSCI's business, operating results, financial condition, or cash flows - Management believes that pending legal proceedings will not, individually or in the aggregate, have a material effect on the company's business, financial condition, or cash flows[221](index=221&type=chunk) [Mine Safety Disclosures](index=53&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[222](index=222&type=chunk) Part II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=54&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) MSCI's common stock trades on the NYSE, with an active stock repurchase program and a five-year stock performance outperforming key indices Issuer Purchases of Equity Securities (Q4 2023) | Period | Total Shares Purchased | Average Price Paid Per Share | Approx. Dollar Value Remaining for Purchase | | :--- | :--- | :--- | :--- | | Oct 2023 | 52 | $523.17 | $845,668,000 | | Nov 2023 | 63 | $526.57 | $845,668,000 | | Dec 2023 | 0 | $— | $845,668,000 | | **Total** | **115** | **$525.03** | **$845,668,000** | Five-Year Stock Performance (Value of $100 Investment) | Year End | MSCI Inc. | S&P 500 | MSCI USA Financials Index | | :--- | :--- | :--- | :--- | | 2018 | $100 | $100 | $100 | | 2019 | $177 | $131 | $133 | | 2020 | $309 | $156 | $130 | | 2021 | $427 | $200 | $177 | | 2022 | $327 | $164 | $155 | | 2023 | $402 | $207 | $178 | [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=56&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) MSCI reported strong FY2023 financial results with **12.5% revenue growth** to **$2.53 billion**, **31.9% net income increase** to **$1.15 billion**, and **14.5% Adjusted EBITDA growth** to **$1.52 billion**, boosted by the Burgiss acquisition Key Financial Results (FY 2023 vs FY 2022) | Metric (in thousands) | 2023 | 2022 | % Change | | :--- | :--- | :--- | :--- | | Total Operating Revenues | $2,528,920 | $2,248,598 | 12.5% | | Operating Income | $1,384,609 | $1,207,640 | 14.7% | | Net Income | $1,148,592 | $870,573 | 31.9% | | Adjusted EBITDA | $1,522,951 | $1,329,671 | 14.5% | - The acquisition of the remaining **66.4% of Burgiss** on October 2, 2023, resulted in a non-taxable gain of **$143.0 million** from the remeasurement of the company's existing equity method investment[279](index=279&type=chunk)[305](index=305&type=chunk) - Total Run Rate increased by **15.8% to $2.69 billion** as of December 31, 2023, driven by a **16.0% increase in recurring subscriptions** and a **14.9% increase in asset-based fees**[326](index=326&type=chunk) [Results of Operations](index=62&type=section&id=Results%20of%20Operations) In FY2023, total operating revenues increased **12.5% to $2.53 billion**, driven by recurring subscriptions and non-recurring revenues, leading to a **31.9% rise in net income to $1.15 billion** Operating Revenues by Type (FY 2023 vs FY 2022) | Revenue Type (in thousands) | 2023 | 2022 | % Change | | :--- | :--- | :--- | :--- | | Recurring subscriptions | $1,871,290 | $1,659,523 | 12.8% | | Asset-based fees | $557,502 | $528,127 | 5.6% | | Non-recurring | $100,128 | $60,948 | 64.3% | | **Total operating revenues** | **$2,528,920** | **$2,248,598** | **12.5%** | Operating Expenses by Activity (FY 2023 vs FY 2022) | Expense Category (in thousands) | 2023 | 2022 | % Change | | :--- | :--- | :--- | :--- | | Cost of revenues | $446,581 | $404,341 | 10.4% | | Selling and marketing | $276,204 | $264,583 | 4.4% | | Research and development | $132,121 | $107,205 | 23.2% | | General and administrative | $153,967 | $146,857 | 4.8% | | Amortization of intangible assets | $114,429 | $91,079 | 25.6% | | Depreciation and amortization | $21,009 | $26,893 | (21.9%) | | **Total operating expenses** | **$1,144,311** | **$1,040,958** | **9.9%** | - The effective tax rate for 2023 was **16.1%**, down from **16.6% in 2022**, benefiting from the non-taxable gain on Burgiss and other favorable discrete items[306](index=306&type=chunk) [Segment Results](index=70&type=section&id=Segment%20Results) All segments reported revenue growth in FY2023, with ESG and Climate showing the highest growth at **26.0%** and All Other – Private Assets significantly boosted by the Burgiss acquisition Segment Performance (FY 2023) | Segment | Operating Revenues (in millions) | YoY Growth | Adjusted EBITDA (in millions) | YoY Growth | Adjusted EBITDA Margin | | :--- | :--- | :--- | :--- | :--- | :--- | | Index | $1,451.8 | 11.4% | $1,107.0 | 12.3% | 76.2% | | Analytics | $616.0 | 6.9% | $274.9 | 10.9% | 44.6% | | ESG and Climate | $287.6 | 26.0% | $91.7 | 50.1% | 31.9% | | All Other - Private Assets | $173.6 | 23.1% | $49.4 | 40.1% | 28.5% | - Index segment revenue growth was driven by strong performance in recurring subscriptions (**+11.6%**) and non-recurring revenues (**+75.7%**), along with a **5.6% increase in asset-based fees**[312](index=312&type=chunk) - All Other – Private Assets revenue growth of **23.1%** was primarily driven by the acquisition of Burgiss; adjusting for this, the segment's revenue would have increased by **5.7%**[322](index=322&type=chunk) [Operating Metrics](index=72&type=section&id=Operating%20Metrics) MSCI's total Run Rate reached **$2.69 billion** as of December 31, 2023, a **15.8% increase**, while net new recurring subscription sales decreased, and the overall Retention Rate was **94.7%** Run Rate by Segment (as of Dec 31, 2023) | Segment (in thousands) | 2023 | 2022 | % Change | | :--- | :--- | :--- | :--- | | Index | $1,452,238 | $1,291,886 | 12.4% | | Analytics | $661,922 | $616,069 | 7.4% | | ESG and Climate | $319,324 | $267,019 | 19.6% | | All Other - Private Assets | $252,677 | $145,333 | 73.9% | | **Total Run Rate** | **$2,686,161** | **$2,320,307** | **15.8%** | - Net new recurring subscription sales for 2023 were **$183.1 million**, a **12.8% decrease** from **$210.0 million in 2022**, driven by a **39.8% decline in ESG and Climate net new sales**[333](index=333&type=chunk) - The overall Retention Rate for 2023 was **94.7%**, compared to **95.2% in 2022**, with the All Other - Private Assets segment showing the lowest rate at **90.4%**[335](index=335&type=chunk) [Liquidity and Capital Resources](index=76&type=section&id=Liquidity%20and%20Capital%20Resources) MSCI's cash and equivalents decreased to **$461.7 million** due to the Burgiss acquisition and share repurchases, while the company generated **$1.24 billion** from operations and increased its quarterly dividend Cash Flow Summary (FY 2023 vs FY 2022) | Cash Flow (in thousands) | 2023 | 2022 | | :--- | :--- | :--- | | Net cash provided by operating activities | $1,236,029 | $1,095,369 | | Net cash used in investing activities | ($819,378) | ($79,335) | | Net cash used in financing activities | ($953,931) | ($1,425,380) | | **Net decrease in cash** | **($531,871)** | **($427,885)** | - As of December 31, 2023, the company had an aggregate of **$4.2 billion in Senior Notes** and **$339.1 million in Tranche A Term Loans** outstanding[343](index=343&type=chunk) - On January 26, 2024, the company amended its credit agreement, increasing its revolving credit facility to **$1.25 billion** and used it to repay all outstanding term loans[344](index=344&type=chunk) - The Board of Directors declared a quarterly cash dividend of **$1.60 per share** for Q1 2024, a **15.9% increase** over the prior quarter[356](index=356&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=80&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) MSCI is exposed to foreign currency exchange risk, affecting **16.7% of revenues** and **42.4% of operating expenses** in 2023, primarily from Euros, British pounds, and Japanese yen - In 2023, **16.7% of revenues** were subject to foreign currency risk, primarily from the Euro (**41.9%**), British pound (**32.5%**), and Japanese yen (**17.7%**)[369](index=369&type=chunk) - Approximately **42.4% of operating expenses** for 2023 were denominated in foreign currencies, mainly British pounds, Indian rupees, Euros, Hungarian forints, Mexican pesos, and Swiss francs[371](index=371&type=chunk) [Financial Statements and Supplementary Data](index=81&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents MSCI's audited consolidated financial statements for FY2023, including balance sheets, income statements, and cash flows, with an unqualified opinion from PricewaterhouseCoopers LLP [Consolidated Statements of Financial Condition](index=85&type=section&id=Consolidated%20Statements%20of%20Financial%20Condition) As of December 31, 2023, total assets increased to **$5.52 billion**, driven by the Burgiss acquisition, while total liabilities rose to **$6.26 billion**, and shareholders' deficit improved to **($739.8) million** Key Balance Sheet Items (as of Dec 31) | Account (in thousands) | 2023 | 2022 | | :--- | :--- | :--- | | Cash and cash equivalents | $461,693 | $993,564 | | Goodwill | $2,887,692 | $2,229,670 | | Intangible assets, net | $956,234 | $558,517 | | **Total assets** | **$5,518,219** | **$4,997,535** | | Deferred revenue (current) | $1,083,864 | $882,886 | | Long-term debt | $4,496,826 | $4,503,233 | | **Total liabilities** | **$6,257,983** | **$6,005,460** | | **Total shareholders' equity (deficit)** | **($739,764)** | **($1,007,925)** | [Consolidated Statements of Income](index=86&type=section&id=Consolidated%20Statements%20of%20Income) For FY2023, operating revenues reached **$2.53 billion**, operating income **$1.38 billion**, and net income significantly increased to **$1.15 billion**, boosted by a **$143.0 million gain** from the Burgiss remeasurement Income Statement Summary (FY 2023 vs FY 2022) | Account (in thousands) | 2023 | 2022 | | :--- | :--- | :--- | | Operating revenues | $2,528,920 | $2,248,598 | | Total operating expenses | $1,144,311 | $1,040,958 | | Operating income | $1,384,609 | $1,207,640 | | Gain on remeasurement of equity method investment | $143,029 | $0 | | Income before provision for income taxes | $1,369,061 | $1,043,841 | | **Net income** | **$1,148,592** | **$870,573** | | **Diluted EPS** | **$14.39** | **$10.72** | [Notes to Consolidated Financial Statements](index=90&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) The notes detail MSCI's accounting policies, segment revenue, the Burgiss acquisition gain, debt structure, capital return activities, and tax provision, with BlackRock as a key customer [Changes in and Disagreements With Accountants on Accounting and Financial Disclosure](index=118&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20With%20Accountants%20on%20Accounting%20and%20Financial%20Disclosure) The company reports no changes in or disagreements with its accountants on accounting and financial disclosure - None[549](index=549&type=chunk) [Controls and Procedures](index=118&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management concluded that disclosure controls and internal control over financial reporting were effective as of December 31, 2023, excluding recently acquired entities - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of December 31, 2023[551](index=551&type=chunk) - Management concluded that internal control over financial reporting was effective as of December 31, 2023, excluding the recently acquired Burgiss Group, LLC and Trove Research Ltd[555](index=555&type=chunk) [Other Information](index=119&type=section&id=Item%209B.%20Other%20Information) On February 8, 2024, MSCI's Board amended bylaws to allow stockholders holding at least **15% of voting power** for one year to call a special meeting - On February 8, 2024, the Board amended the company's bylaws to permit stockholders holding at least **15% of voting power** for one year to call a special meeting[559](index=559&type=chunk) Part III [Directors, Executive Officers and Corporate Governance](index=120&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) Information regarding directors, executive officers, and corporate governance is incorporated by reference from the company's 2024 Proxy Statement - Information responsive to this item is incorporated by reference from the company's Proxy Statement, to be filed within 120 days of December 31, 2023[565](index=565&type=chunk) [Executive Compensation](index=120&type=section&id=Item%2011.%20Executive%20Compensation) Information regarding executive compensation is incorporated by reference from the company's 2024 Proxy Statement - Information responsive to this item is incorporated by reference from the company's Proxy Statement, to be filed within 120 days of December 31, 2023[567](index=567&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=120&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Information on security ownership is incorporated by reference, with **1,440,277 securities** issuable under approved equity compensation plans as of December 31, 2023 Equity Compensation Plan Information (as of Dec 31, 2023) | Plan Category | Securities to be Issued Upon Exercise (a) | Weighted-Average Exercise Price (b) | Securities Remaining for Future Issuance (c) | | :--- | :--- | :--- | :--- | | Approved by Security Holders | 1,440,277 | $552.18 (PSOs only) | 3,124,818 | | Not Approved by Security Holders | 0 | N/A | 0 | | **Total** | **1,440,277** | **N/A** | **3,124,818** | [Certain Relationships and Related Transactions, and Director Independence](index=121&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information regarding certain relationships, related transactions, and director independence is incorporated by reference from the company's 2024 Proxy Statement - Information responsive to this item is incorporated by reference from the company's Proxy Statement, to be filed within 120 days of December 31, 2023[574](index=574&type=chunk) [Principal Accountant Fees and Services](index=121&type=section&id=Item%2014.%20Principal%20Accountant%20Fees%20and%20Services) Information regarding principal accountant fees and services is incorporated by reference from the company's 2024 Proxy Statement - Information responsive to this item is incorporated by reference from the company's Proxy Statement, to be filed within 120 days of December 31, 2023[575](index=575&type=chunk) Part IV [Exhibit and Financial Statement Schedules](index=122&type=section&id=Item%2015.%20Exhibit%20and%20Financial%20Statement%20Schedules) This section lists financial statements provided in Item 8, confirms no schedules are required, and includes an index of all exhibits filed with the Form 10-K - The financial statements are provided under Part II, Item 8; no financial statement schedules are provided[579](index=579&type=chunk)[580](index=580&type=chunk) [Form 10-K Summary](index=125&type=section&id=Item%2016.%20Form%2010-K%20Summary) The company has not provided a summary for the Form 10-K - None[587](index=587&type=chunk)
MSCI Expands Custom Index Offering With Acquisition of Foxberry
Businesswire· 2024-02-07 13:00
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced it has signed a purchase agreement to acquire Foxberry, a London-based provider of front-office index technology for investors. Foxberry was founded in 2014 with the mission of building and delivering investment solutions that are driven by technology, account for a specific set of criteria, and increase the value-add for end-us ...
MSCI February Index Review Announcement Scheduled for February 12, 2024
Businesswire· 2024-02-05 23:59
LONDON--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the February 2024 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI Global Islamic and MSCI Global Islamic Small Cap Indexes, the ...
MSCI (MSCI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-01-30 16:01
MSCI (MSCI) reported $690.11 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 19.8%. EPS of $3.68 for the same period compares to $2.84 a year ago.The reported revenue represents a surprise of +5.01% over the Zacks Consensus Estimate of $657.16 million. With the consensus EPS estimate being $3.29, the EPS surprise was +11.85%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...
MSCI (MSCI) Q4 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-01-30 13:56
MSCI (MSCI) came out with quarterly earnings of $3.68 per share, beating the Zacks Consensus Estimate of $3.29 per share. This compares to earnings of $2.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.85%. A quarter ago, it was expected that this maker of software tools to help portfolio managers make investment decisions would post earnings of $3.33 per share when it actually produced earnings of $3.45, delivering a su ...
MSCI Reports Financial Results for Fourth Quarter and Full Year 2023
Businesswire· 2024-01-30 11:45
NEW YORK--(BUSINESS WIRE)--MSCI Inc. (“MSCI” or the “Company”) (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, today announced its financial results for the three months ended December 31, 2023 (“fourth quarter 2023”) and full year ended December 31, 2023 (“full year 2023”). Financial and Operational Highlights for Fourth Quarter 2023 (Note: Unless otherwise noted, percentage and other changes are relative to the three months ended Dec ...