MSCI (MSCI - Free Report) is set to report first-quarter 2020 results on Apr 28.
The Zacks Consensus Estimate for first-quarter earnings has stayed at $1.69 per share over the past 30 days, suggesting 9% growth from the figure reported in the year-ago quarter.
The consensus mark for revenues is pegged at $420.8 million, indicating an increase of 13.3% from the year-ago quarter’s reported figure.
Notably, the company’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average being 5.4%.
Let’s see how things are shaping up for the upcoming announcement.
Factors to Note
In the first quarter, the coronavirus pandemic routed the global stock markets, hurting investor confidence. This, in turn, is expected to have affected average assets under management (AUM) in ETFs linked to MSCI indexes. Moreover, retention rate is also expected to have suffered.
Nevertheless, robust adoption of MSCI’s solutions, driven by strong demand for cost-effective investment strategies with sustainable and risk-optimized returns, is expected to have driven top-line growth in the to-be-reported quarter.
Moreover, surging demand for custom and factor index modules and the increasing uptake of the company’s ESG solution in the investment process is expected to have benefited MSCI.
What Our Model Says
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
MSCI has an Earnings ESP of +0.79% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Other Stocks to Consider
Here are a few other companies worth considering as our model shows that these too have the right combination of elements to beat on earnings in their upcoming releases:
Pixelworks (PXLW - Free Report) has an Earnings ESP of +5.26% and is Zacks #1 Ranked. You can see the complete list of today’s Zacks #1 Rank stocks here.
InterDigital (IDCC - Free Report) has an Earnings ESP of +152.00% and is #1 Ranked.
Etsy (ETSY - Free Report) has an Earnings ESP of +8.17% and a Zacks Rank #2.
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MSCI (MSCI - Free Report) is set to report first-quarter 2020 results on Apr 28.
The Zacks Consensus Estimate for first-quarter earnings has stayed at $1.69 per share over the past 30 days, suggesting 9% growth from the figure reported in the year-ago quarter.
The consensus mark for revenues is pegged at $420.8 million, indicating an increase of 13.3% from the year-ago quarter’s reported figure.
Notably, the company’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average being 5.4%.
Let’s see how things are shaping up for the upcoming announcement.
Factors to Note
In the first quarter, the coronavirus pandemic routed the global stock markets, hurting investor confidence. This, in turn, is expected to have affected average assets under management (AUM) in ETFs linked to MSCI indexes. Moreover, retention rate is also expected to have suffered.
Nevertheless, robust adoption of MSCI’s solutions, driven by strong demand for cost-effective investment strategies with sustainable and risk-optimized returns, is expected to have driven top-line growth in the to-be-reported quarter.
Moreover, surging demand for custom and factor index modules and the increasing uptake of the company’s ESG solution in the investment process is expected to have benefited MSCI.
What Our Model Says
Per the Zacks model, the combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat.
MSCI has an Earnings ESP of +0.79% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Other Stocks to Consider
Here are a few other companies worth considering as our model shows that these too have the right combination of elements to beat on earnings in their upcoming releases:
Pixelworks (PXLW - Free Report) has an Earnings ESP of +5.26% and is Zacks #1 Ranked. You can see the complete list of today’s Zacks #1 Rank stocks here.
InterDigital (IDCC - Free Report) has an Earnings ESP of +152.00% and is #1 Ranked.
Etsy (ETSY - Free Report) has an Earnings ESP of +8.17% and a Zacks Rank #2.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Zacks 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.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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