Financial Data and Key Metrics - Organic subscription run rate growth in Analytics was 7%, driven by investments in next-gen models and Insights offering [2] - Analytics revenue included a large contribution from catch-up revenue items, primarily from large client implementations [2] - Private capital solutions saw a 17% run rate growth, with strong traction in EMEA and Asia [11] - ESG and Climate segment achieved 13% organic run rate growth, with 18% growth in Europe and 22% in Asia, while Americas grew at 9% [18] - Real assets run rate growth was 4%, reflecting subdued net new subscription sales due to lower transaction activity and commercial real estate pressures [18] - Index subscription run rate growth was 9.3%, with 12% growth in Asia-Pacific and 24% growth among hedge funds [94] - Custom and special index run rate growth was 19% [94] - ESG Regulatory Solutions run rate growth was 33% [33] - Climate run rate growth was 39%, driven by APAC and EMEA regions [93] - ABF revenues grew 13% year-over-year, benefiting from $21 billion in cash inflows and $93 billion in market appreciation [35] - Organic revenue growth was 10%, adjusted EPS growth was 12%, and free cash flow growth was 14% [41] - Retention rates were 95% for asset owners and 97% for asset managers [35] Business Line Performance - Analytics posted 12% revenue growth, with the highest Q1 recurring sales in a decade at $14 million [87] - RiskManager tool recurring sales grew by 60%, including a strategic win with a major global alternative asset manager [87] - Recurring sales growth in Analytics was 27% among banks, 20% among hedge funds, and 15% among asset owners [87] - Wealth managers run rate surpassed $100 million, growing over 15% year-on-year [42] - Index-linked ETF products reached a record high of $1.58 trillion in AUM, while non-listed products linked to MSCI indexes hit $3.23 trillion [32] - Custom index and special packages saw 19% growth, driven by demand for customization across client segments [35] Market Performance - EMEA accounted for over half of new client wins in Private Capital Solutions [106] - APAC saw 18% ESG run rate growth, with strong momentum in Asia [106] - Developed markets outside the U.S. and emerging markets saw over $22 billion in ETF flows [35] Strategy and Industry Competition - The company is focused on capturing opportunities in portfolio customization, indexation, private assets, and the global sustainability revolution [14] - The acquisition of Foxberry provides a new technology platform for custom index production and backtesting capabilities [14] - The company is leveraging AI to enhance analytics insights and deliver faster, differentiated calculations [127] - MSCI is positioning itself as a key provider of transparency and performance tools in the private assets market, particularly in private credit [79] - The company is enhancing ESG solutions, including EU sustainable finance disclosure regulation and Corporate Sustainability Reporting Directive (CSRD) [33] Management Commentary on Operating Environment and Future Outlook - Elevated cancels in Q1 were due to a concentration of client events, including a major global bank merger, but are not expected to continue at the same level [12][36] - The company expects retention rates to rebound through the year, moving closer to last year's levels [3] - The company remains optimistic about long-term opportunities in private capital solutions and sees strong engagement with clients [11][12] - The company is focused on capitalizing on secular trends such as portfolio customization, private assets, and sustainability [14] - The company expects AUM to decline slightly in Q2 but rebound gradually in the second half of the year [44] Other Important Information - The company closed the acquisition of Foxberry for approximately $22 million, with potential for additional performance-related payments [44] - The effective tax rate in Q1 was 13.5%, benefiting from favorable discrete items and higher excess tax benefits [44] - The company has a cash balance of over $500 million, including $200 million in readily available cash in the U.S. [90] Q&A Session Summary Question: Can you discuss the growth in index subscription run rate and its components? [100] - Growth in index subscription run rate was driven by 8% growth in market cap modules and 19% growth in custom and special packages [35] - The company expects sustained momentum in equity markets to positively impact buying behavior [22] Question: What is the outlook for the ESG and Climate segment? [104] - The company sees significant growth opportunities in ESG and climate, particularly in Asia, despite headwinds in the Americas [38] - New regulations in Europe, such as CSRD, are expected to drive demand for ESG products [104] Question: How is the company balancing reinvestment for growth with near-term margin performance? [116] - The company is focused on maintaining high levels of short-term profitability while investing in long-term growth opportunities [111] - The company is increasing investment at a rate double that of non-investment expenses to drive future revenue growth [111] Question: What is the outlook for private markets and the Burgiss acquisition? [114] - The company achieved 17% run rate growth in Private Capital Solutions, with strong retention rates of nearly 96% [106] - The company remains optimistic about the long-term opportunities in private markets [11] Question: How is AI being integrated into the company's products? [76] - The company is leveraging AI to enhance analytics insights and deliver faster, differentiated calculations [127] - AI is being applied to provide clients with greater insights from complex data, with new product launches expected in the coming quarters [127] Question: What is the outlook for basis point fees in the Index segment? [131] - Basis point fees declined slightly due to a mix shift towards lower fee products, but the company expects growth in assets to offset this decline over time [126] - Custom indexes and non-ETF passive products are areas of strong engagement and growth, often with higher fee mandates [126]

MSCI Inc.'s (MSCI) first-quarter 2024 adjusted earnings of $3.52 per share beat the Zacks Consensus Estimate by 2.33% and increased 12.1% year over year.Revenues increased 14.8% year over year to $680 million but missed the consensus mark by 0.38%. Organic revenues increased 10.3% year over year.Recurring subscriptions of $513.1 million increased 15.2% year over year and accounted for 75% of revenues.Asset-based fees of $150.3 million increased 12.9% year over year and contributed 21% of revenues.Non-recurr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____________to____________ Commission file number 001-33812 ____________________ ...

For the quarter ended March 2024, MSCI (MSCI) reported revenue of $679.97 million, up 14.8% over the same period last year. EPS came in at $3.52, compared to $3.14 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $682.53 million, representing a surprise of -0.38%. The company delivered an EPS surprise of +2.33%, with the consensus EPS estimate being $3.44.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

MSCI (MSCI) came out with quarterly earnings of $3.52 per share, beating the Zacks Consensus Estimate of $3.44 per share. This compares to earnings of $3.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.33%. A quarter ago, it was expected that this maker of software tools to help portfolio managers make investment decisions would post earnings of $3.29 per share when it actually produced earnings of $3.68, delivering a sur ...

MSCI Reports Financial Results for First Quarter 2024 New York – April 23, 2024 – 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 March 31, 2024 ("first quarter 2024"). Exhibit 99.1 Financial and Operational Highlights for First Quarter 2024 (Note: Unless otherwise noted, percentage and other changes are relative to the three months ended ...

Investors are always looking for stocks that are poised to beat at earnings season and MSCI Inc. (MSCI) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because MSCI is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of s ...

Analysts on Wall Street project that MSCI (MSCI) will announce quarterly earnings of $3.44 per share in its forthcoming report, representing an increase of 9.6% year over year. Revenues are projected to reach $682.53 million, increasing 15.3% from the same quarter last year.Over the last 30 days, there has been an upward revision of 1.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ove ...

MSCI (MSCI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 23. On the o ...

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 ...