MSCI (MSCI) shares gained 16.1% in the past year compared with the broader Zacks Computer and Technology sector’s return of 33.3% and the Zacks Business - Software Services sector’s rise of 34.6%.The underperformance is likely to have been caused by a tighter spending environment and longer sales cycles due to challenging macroeconomic conditions.Increasing pricing pressure is also a major concern, primarily due to the growing availability of free indices from providers like Morningstar (MORN) .MSCI has als ...

A month has gone by since the last earnings report for MSCI (MSCI) . Shares have added about 6.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is MSCI due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. MSCI Q3 Earnings Beat Estimates, Revenues Up Y/YMSCI’s third-quar ...

In business analysis, finding key competitive advantages helps identify firms that can sustain their market position over time. Competitive advantages can come from many sources. This includes things like network effects, where the value a service provides to users increases as the number of users increases. Social media applications are a great example of this. The more people who use social media services like Facebook, Instagram, or X, the more information users can access. This makes these platforms mor ...

LOS ANGELES, Nov. 20, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of MSCI Inc. ("MSCI" or "the Company") (NYSE: MSCI) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.If you are a shareholder who suffered a loss, click here to participate.We also encourage you ...

Marking over three years of underperformance, which has been driven primarily by overvaluation, it's time to check if fundamentals finally caught up.I aim to invest in companies with perfect qualitative attributes, buy them at an attractive price based on fundamentals, and hold them forever. I hope to publish articles covering such companies approximately 3 times per week, with extensive quarterly follow-ups and constant updates.I manage a concentrated portfolio targeted at avoiding losers and maximizing ex ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________ FORM 10-Q ___________________________________ x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from____________to____________ Commission file number 001-33812 ________________ ...

Following my coverage on MSCI (NYSE: MSCI ) in July '24, for which I recommended a buy rating due to my expectation that underlying growth remains strong and visibility to growth will get better over time, this I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to ...

业绩总结 - 2024年第三季度运营收入为724,705千美元，同比增长15.9%[17] - 2024年第三季度调整后的EBITDA为450,702千美元，同比增长16.7%[17] - 2024年第三季度净收入为280,901千美元，同比增长8.2%[17] - 2024年第三季度稀释每股收益为3.57美元，同比增长9.2%[17] - 2024年第三季度自由现金流为394百万美元[10] - 2024年第三季度调整后的每股收益为3.86美元，同比增长11.9%[17] - 2024年第三季度运营利润为401,334千美元，同比增长13.6%[17] - 2024年第三季度总运营费用为323,371千美元，较2023年同期增长19.0%[64] - 2024年第三季度资本支出为27,601千美元，较2023年同期增长31.8%[65] 用户数据 - 2024年第三季度订阅运行率为2,894百万美元，同比增长17%[14] - 2024年第三季度的资产管理规模（AUM）为1761.8亿美元，较2023年第三季度增长355.8亿美元[29] - 2024年第三季度美国市场的现金流入为111.3亿美元，发展中市场为27.4亿美元，除美国外的发达市场为52.8亿美元[24] - 2024年第三季度ESG与气候相关的资产管理规模（AUM）在2023年第三季度为310.9亿美元，较2022年第三季度增长3.9亿美元[54] 未来展望 - 2024年预计自由现金流为13.05亿至13.65亿美元，较之前的指导有所上调[40] - 2024年第三季度的有效税率预计在18%至19.5%之间[40] - MSCI的有机运营收入增长率在2024年第一季度预计为低双位数[58] 新产品和新技术研发 - 2024年第三季度ESG订阅的运行率为2.85亿美元，2024年第一季度预计增长至3.16亿美元，增长率为11%[55] - MSCI的ESG与气候相关的资产管理规模在2024年第一季度达到566亿美元，较2023年第三季度增长17%[55] 市场扩张和并购 - 收购和剥离对第三季度运营收入的影响为-4.6%[66] - 外汇汇率波动对第三季度运营收入的影响为-0.2%[66] 负面信息 - 2024年第三季度非经常性收入变化为-15.7%[66] - 九个月内收购和剥离对运营收入的影响为-4.5%[67] - 外汇汇率波动对九个月运营收入的影响为0.1%[67]

财务数据和关键指标变化 - 公司第三季度实现总收入增长16%，调整后每股收益增长12%，自由现金流增长46% [6][30] - 资产基础费用收入增长近20%，订阅年化收入增长15%，客户留存率为94% [6][7] 各条业务线数据和关键指标变化 - 指数和分析业务的新订阅销售分别增长5%和近11% [7] - ESG和气候业务的新订阅销售显著下降，反映出周期性需求疲软 [8] - 私募资本解决方案的年化收入增长17%，新订阅销售超过600万美元 [28] 各个市场数据和关键指标变化 - 在欧洲，ESG和气候业务的年化收入增长22%，在亚洲增长18%，美洲增长7% [27] - MSCI指数相关的ETF年初至今的资金流入接近680亿美元，推动资产基础费用收入增长近20% [19][24] 公司战略和发展方向和行业竞争 - 公司战略聚焦于财富管理、私募资本解决方案和气候解决方案的增长 [9][11] - 公司与穆迪的合作将扩大对私营公司的ESG覆盖范围 [12] - 公司在气候解决方案方面推出了MSCI碳项目评级，评估全球4000多个碳信用项目 [15] 管理层对经营环境和未来前景的评论 - 管理层对未来的前景持谨慎乐观态度，认为尽管当前面临一些挑战，但长期机会依然吸引 [33][90] - 管理层指出，尽管活跃资产管理者的预算尚未完全恢复，但随着市场的改善，预计2025年将会有显著的复苏 [90] 其他重要信息 - 公司在第三季度回购了价值1.99亿美元的股票，年初至今的回购总额达到4.4亿美元 [30] - 公司预计2024年的自由现金流指导范围将增加8000万美元，反映出现金收款的改善和税收时机的好处 [31] 问答环节所有提问和回答 问题: 关于ESG和私募信贷的管理层变动是否意味着战略变化 - 管理层表示此次变动是为了加强管理团队，特别是在未来有巨大潜力的领域 [35] 问题: 客户预算环境的早期反馈以及2025年的定价策略 - 管理层提到，客户对预算的对话有所改善，但仍面临取消活动和较长的销售周期 [40] 问题: 关于客户和专门指数解决方案的增长机会 - 管理层强调，定制指数解决方案的增长潜力巨大，且不会对其他指数业务造成显著影响 [101][116] 问题: 私募资产的增长策略和投资计划 - 管理层表示将继续收集更深层次的数据，以增强在私募市场的分析能力 [66] 问题: 关于固定收益和多资产业务的增长机会 - 管理层指出，固定收益分析能力的提升将推动该业务的持续增长 [60]

MSCI's (MSCI) third-quarter 2024 adjusted earnings of $3.86 per share beat the Zacks Consensus Estimate by 2.39% and increased 11.9% year over year. MSCI's earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, which is commendable. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Revenues increased 15.9% year over year to $724.7 million, beating the consensus mark by 1.54%. Organic revenues rose 11.1% year over year. Recurring subscriptions of $536.6 millio ...