Compared to Estimates, MSCI (MSCI) Q3 Earnings: A Look at Key Metrics

For the quarter ended September 2024, MSCI (MSCI) reported revenue of $724.71 million, up 15.9% over the same period last year. EPS came in at $3.86, compared to $3.45 in the year-ago quarter.The reported revenue represents a surprise of +1.54% over the Zacks Consensus Estimate of $713.69 million. With the consensus EPS estimate being $3.77, the EPS surprise was +2.39%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how MSCI performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Period-End AUM in ETFs linked to MSCI equity indexes: $1.76 billion versus the three-analyst average estimate of $1.70 billion. Index Run Rate - Recurring subscriptions: $906.80 million compared to the $906.51 million average estimate based on three analysts. Total Run Rate - Total recurring subscriptions: $2.21 billion versus the three-analyst average estimate of $2.20 billion. Total Retention Rate: 94.2% versus the three-analyst average estimate of 95.7%. Operating Revenues- ESG and Climate: $83.64 million versus $82.15 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.5% change. Operating Revenues- Asset-based fees - Total: $168.62 million compared to the $163.89 million average estimate based on four analysts. The reported number represents a change of +19.5% year over year. Operating Revenues- Analytics: $172.38 million compared to the $165.72 million average estimate based on four analysts. The reported number represents a change of +11.7% year over year. Operating Revenues- All Other - Private Assets: $63.80 million versus the four-analyst average estimate of $65.37 million. The reported number represents a year-over-year change of +77.2%. Operating Revenues- Index: $404.88 million compared to the $403.30 million average estimate based on four analysts. The reported number represents a change of +11.8% year over year. Operating revenues- Index- Non-recurring: $12.32 million versus the four-analyst average estimate of $14.77 million. The reported number represents a year-over-year change of -15.7%. Operating Revenues- Index- Asset-based fees: $168.62 million versus the four-analyst average estimate of $163.89 million. The reported number represents a year-over-year change of +19.5%. Operating revenues- Index- Recurring subscriptions: $223.95 million versus $224.65 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.5% change. View all Key Company Metrics for MSCI here>>>Shares of MSCI have returned +2.1% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MSCI Inc (MSCI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks