Picture of MSCI logo

MSCI MSCI News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

MSCI set for sharpest daily rise in over 5 months after Q1 earnings bump

Updates

** Shares of index provider MSCI MSCI.N rise 6.1% to $601.24, hitting their highest since early February

** Stock on track for biggest one-day jump since October 28

** Q1 operating revenue jumps to $850.8 million from $745.8 million a year ago

** Q1 adjusted EPS rises to $4.55 from $4

** CEO Henry Fernandez says MSCI logged record recurring sales in its index and analytics segments during the quarter

** Q1 index operating revenue rises 17.7% to $496.3 million; analytics segment sales rise 10.3% to $190 million

** 15 analysts rate stock "buy" or higher, 3 "hold" and 1 "sell", median PT is $692 - data compiled by LSEG

** Including session's moves, MSCI up over 4% YTD, compared with a 4% gain in the benchmark S&P 500 .SPX

 (Reporting by Purvi Agarwal in Bengaluru)

 ((Purvi.Agarwal@thomsonreuters.com;))

Recent news on MSCI

See all news