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MSCI (MSCI) Reports Q2 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2026, MSCI (MSCI - Free Report) reported revenue of $867 million, up 12.2% over the same period last year. EPS came in at $4.94, compared to $4.17 in the year-ago quarter.

The reported revenue represents a surprise of +0.9% over the Zacks Consensus Estimate of $859.3 million. With the consensus EPS estimate being $4.90, the EPS surprise was +0.82%.

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.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: $2.82 billion versus $2.82 billion estimated by three analysts on average.
  • Index Run Rate - Recurring subscriptions: $1.08 billion versus the three-analyst average estimate of $1.08 billion.
  • All Other - Private Assets Run Rate: $302.6 million compared to the $301.9 million average estimate based on three analysts.
  • Index Retention Rate: 97.5% versus 96.3% estimated by three analysts on average.
  • Operating Revenues- Sustainability and Climate: $91.9 million versus the three-analyst average estimate of $92.62 million. The reported number represents a year-over-year change of +3.4%.
  • Operating Revenues- Asset-based fees - Total: $233.1 million compared to the $231.63 million average estimate based on three analysts. The reported number represents a change of +26.6% year over year.
  • Operating Revenues- Analytics: $189.4 million versus the three-analyst average estimate of $186.93 million. The reported number represents a year-over-year change of +6.6%.
  • Operating Revenues- All Other - Private Assets: $74.7 million versus $74.78 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +4.9% change.
  • Operating Revenues- Index: $511 million compared to the $507.93 million average estimate based on three analysts. The reported number represents a change of +17.5% year over year.
  • Operating Revenues- Index- Non-recurring: $14.9 million compared to the $16.33 million average estimate based on three analysts. The reported number represents a change of -1.4% year over year.
  • Operating Revenues- Index- Asset-based fees: $233.1 million versus $231.63 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +26.6% change.
  • Operating Revenues- Index- Recurring subscriptions: $263 million versus $259.97 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.

View all Key Company Metrics for MSCI here>>>

Shares of MSCI have returned +7.6% over the past month versus the Zacks S&P 500 composite's -0.6% 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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