MSCI shares drop despite index provider reporting rise in quarterly revenue

MSCI

22/07/2025 18:41

** MSCI's MSCI.N shares are down ~8% at $532.33 after the index provider reported an adj profit that barely surpassed analysts' estimates

** MSCI is on track for its lowest since April and biggest daily pct decline since April last year

** MSCI's adj EPS of $4.17 was slightly ahead of Wall Street estimate of $4.14. Rev rose 9.1% to $772.68 mln from a year ago, which is also slightly above expectations of $768.38 mln

** Among 19 analysts covering MSCI, avg rating is "buy" and median PT is $640
** MSCI is down 11.2% YTD vs SPX 500 Financial Index's .SPSY ~9% increase

 (Reporting by Chibuike Oguh in New York)

 ((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))