MSCI Prepares to Report Earnings With Analysts Expecting 11.7% Revenue Growth
MSCI Inc. (MSCI) is scheduled to announce its third-quarter financial results on Tuesday before the market opens. Wall Street forecasts the investment analytics provider to generate revenue growth of 11.7% year over year, accelerating from the 9.5% gain recorded during the same period last year. Analysts covering the firm have largely held their projections steady over the past 30 days, signaling expectations for steady top-line performance.
The upcoming report follows a mixed performance in the previous quarter, when the company met revenue expectations at $867 million—a 12.2% annual increase—but fell short of analyst EBITDA estimates. Over the last two years, the firm has missed Wall Street revenue projections several times. Recent earnings from industry peers offer contrasting signals: FactSet delivered 6.3% revenue growth to beat estimates and rose 6.8%, while Goldman Sachs exceeded revenue projections by 11.5% despite its stock falling 1.8%.
Capital market stocks have struggled recently, dropping an average of 3.2% over the past month. In contrast, shares of MSCI have gained 1.8% over the same timeframe, trading near $569.10. Wall Street analysts maintain an average price target of $672.94 on the stock, making the upcoming results a key catalyst for whether the company can sustain its momentum.
Key points
- MSCI Inc. (MSCI) will release its quarterly earnings report on Tuesday before the stock market opens.
- Wall Street expects third-quarter revenue growth of 11.7% year over year, up from 9.5% in the prior-year period.
- The company reported $867 million in revenue last quarter, up 12.2% annually, while missing EBITDA estimates.
- Shares of MSCI have climbed 1.8% over the past month, while capital market peers fell 3.2% on average.
- Analysts hold an average price target of $672.94 for MSCI compared to its current price near $569.10.
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How we writeDisclaimerQuestions and answers
When does MSCI report its next quarterly earnings?
MSCI Inc. is scheduled to report its third-quarter financial results on Tuesday before market hours.
What are analysts expecting for MSCI's revenue growth?
Analysts expect MSCI to report year-over-year revenue growth of 11.7%, an improvement from the 9.5% growth recorded in the same period last year.
What is the average analyst price target for MSCI?
Wall Street analysts have an average price target of $672.94 for MSCI shares, compared to a current trading price of around $569.10.
