Published on 23 Apr 2024 on Zacks via Yahoo Finance
MSCI Inc.'s MSCI first-quarter 2024 adjusted earnings of $3.52 per share beat the Zacks Consensus Estimate by 2.33% and increased 12.1% year over year.Revenues increased 14.8% year over year to $680 million but missed the consensus mark by 0.38%. Organic revenues increased 10.3% year over year.Recurring subscriptions of $513.1 million increased 15.2% year over year and accounted for 75% of revenues.Asset-based fees of $150.3 million increased 12.9% year over year and contributed 21% of revenues.Non-recurring revenues of $16.7 million surged 20.3% year over year and contributed 2% of revenues.
MSCI Inc Price, Consensus and EPS Surprise
MSCI Inc Price, Consensus and EPS Surprise