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Compared to Estimates, MSCI (MSCI) Q2 Earnings: A Look at Key Metrics

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For the quarter ended June 2025, MSCI (MSCI - Free Report) reported revenue of $772.68 million, up 9.1% over the same period last year. EPS came in at $4.17, compared to $3.64 in the year-ago quarter.

The reported revenue represents a surprise of -0.12% over the Zacks Consensus Estimate of $773.64 million. With the consensus EPS estimate being $4.16, the EPS surprise was +0.24%.

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: $2.02 billion versus $1.75 billion estimated by three analysts on average.
  • Index Run Rate - Recurring subscriptions: $968.71 million compared to the $971.21 million average estimate based on three analysts.
  • Total Run Rate - Total recurring subscriptions: $2.35 billion compared to the $2.34 billion average estimate based on three analysts.
  • Total Retention Rate: 94.4% versus 95.3% estimated by three analysts on average.
  • Operating Revenues- ESG and Climate: $88.91 million versus $88.56 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.3% change.
  • Operating Revenues- Asset-based fees - Total: $184.07 million versus the four-analyst average estimate of $181.01 million. The reported number represents a year-over-year change of +12.7%.
  • Operating Revenues- Analytics: $177.7 million versus the four-analyst average estimate of $176.9 million. The reported number represents a year-over-year change of +7.1%.
  • Operating Revenues- All Other - Private Assets: $71.23 million versus $70.32 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.7% change.
  • Operating Revenues- Index: $434.83 million versus the four-analyst average estimate of $436.41 million. The reported number represents a year-over-year change of +9.5%.
  • Operating revenues- Index- Non-recurring: $15.11 million versus $17.24 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -10.5% change.
  • Operating Revenues- Index- Asset-based fees: $184.07 million versus $181.01 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12.7% change.
  • Operating revenues- Index- Recurring subscriptions: $235.65 million versus $238.16 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.6% change.

View all Key Company Metrics for MSCI here>>>

Shares of MSCI have returned +4.1% over the past month versus the Zacks S&P 500 composite's +5.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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