We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
MSCI Inc. (MSCI - Free Report) is set to report first-quarter 2019 results on May 2.
The company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 2.1%.
In the last reported quarter, MSCI reported adjusted earnings of $1.31 per share, which beat the Zacks Consensus Estimate by a penny and increased 13.9% year over year. Operating revenues increased 8% year over year to $361.7 million, slightly better than the consensus mark of $361 million.
At the end of the quarter, assets under management (AUM) were $695.6 billion in ETFs linked to MSCI indexes, down 6.5% year over year. Total Retention Rate was 92.9% at the end of the quarter.
Meanwhile, the Zacks Consensus Estimate for first-quarter earnings has risen by a couple of cents to $1.41 over the past 30 days, indicating growth of 7.6% from the year-ago reported figure. The consensus mark for revenues currently stands at $369.7 million, suggesting year-over-year growth of 5.2%.
Let’s see how things are shaping up for this announcement.
Key Factors to Consider
MSCI is benefiting from growth in equity ETF-related revenues, non-ETF passive revenues, and revenues from exchange-traded futures and options products.
Notably, Assets in ETFs linked to MSCI indices increased 15.3% sequentially from $695.6 billion at the end of fourth-quarter 2018 to $802.2 billion at the end of first-quarter 2019.
Moreover, strong demand for custom and factor index modules and increasing adoption of the Environmental, Social and Governance (ESG) solution in the investment process is a key catalyst.
Notably, MSCI has completed integration of ESG in all its risk analytics systems. This is driving demand for the company’s multi-asset class risk and performance analytics solution.
Additionally, growing passive and index-based investing is driving demand for the company’s Index products, which have gained strong traction among client segments like wealth management, banks and broker dealers, and hedge funds.
These factors are expected to drive the top line in the soon-to-be-reported quarter.
What Our Model Says
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) along with a positive Earnings ESP has a good chance of beating estimates. Meanwhile, Sell-rated stocks (Zacks Rank #4 or 5) are best avoided.
MSCI has a Zacks Rank #2 but an Earnings ESP of -0.78%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks That Warrant a Look
Here are three stocks that you may want to consider as our model shows that these have the right combination of elements to deliver an earnings beat in this earnings season.
Fortinet (FTNT - Free Report) has an Earnings ESP of +1.49% and a Zacks Rank #2.
Synopsis (SNPS - Free Report) has an Earnings ESP of +1.15% and a Zacks Rank #2.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
Image: Bigstock
MSCI to Report Q1 Earnings: What's in the Offing?
MSCI Inc. (MSCI - Free Report) is set to report first-quarter 2019 results on May 2.
The company’s earnings beat the Zacks Consensus Estimate in the trailing four quarters, the average positive surprise being 2.1%.
In the last reported quarter, MSCI reported adjusted earnings of $1.31 per share, which beat the Zacks Consensus Estimate by a penny and increased 13.9% year over year. Operating revenues increased 8% year over year to $361.7 million, slightly better than the consensus mark of $361 million.
At the end of the quarter, assets under management (AUM) were $695.6 billion in ETFs linked to MSCI indexes, down 6.5% year over year. Total Retention Rate was 92.9% at the end of the quarter.
Meanwhile, the Zacks Consensus Estimate for first-quarter earnings has risen by a couple of cents to $1.41 over the past 30 days, indicating growth of 7.6% from the year-ago reported figure. The consensus mark for revenues currently stands at $369.7 million, suggesting year-over-year growth of 5.2%.
MSCI Inc Price and EPS Surprise
MSCI Inc Price and EPS Surprise | MSCI Inc Quote
Let’s see how things are shaping up for this announcement.
Key Factors to Consider
MSCI is benefiting from growth in equity ETF-related revenues, non-ETF passive revenues, and revenues from exchange-traded futures and options products.
Notably, Assets in ETFs linked to MSCI indices increased 15.3% sequentially from $695.6 billion at the end of fourth-quarter 2018 to $802.2 billion at the end of first-quarter 2019.
Moreover, strong demand for custom and factor index modules and increasing adoption of the Environmental, Social and Governance (ESG) solution in the investment process is a key catalyst.
Notably, MSCI has completed integration of ESG in all its risk analytics systems. This is driving demand for the company’s multi-asset class risk and performance analytics solution.
Additionally, growing passive and index-based investing is driving demand for the company’s Index products, which have gained strong traction among client segments like wealth management, banks and broker dealers, and hedge funds.
These factors are expected to drive the top line in the soon-to-be-reported quarter.
What Our Model Says
According to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) along with a positive Earnings ESP has a good chance of beating estimates. Meanwhile, Sell-rated stocks (Zacks Rank #4 or 5) are best avoided.
MSCI has a Zacks Rank #2 but an Earnings ESP of -0.78%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks That Warrant a Look
Here are three stocks that you may want to consider as our model shows that these have the right combination of elements to deliver an earnings beat in this earnings season.
Upland Software (UPLD - Free Report) has an Earnings ESP of +0.32% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Fortinet (FTNT - Free Report) has an Earnings ESP of +1.49% and a Zacks Rank #2.
Synopsis (SNPS - Free Report) has an Earnings ESP of +1.15% and a Zacks Rank #2.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
See their latest picks free >>