Will Portfolio Strength & User Growth Aid MSCI Q2 Earnings?
Zacks Investment Research | Jul 29, 2019 09:42PM ET
MSCI Inc. (NYSE:MSCI) is set to report second-quarter 2019 results on Aug 1.
The company’s earnings beat the Zacks Consensus Estimate over the trailing four quarters, the average positive surprise being 4%.
In the last reported quarter, MSCI reported adjusted earnings of $1.55 per share, which beat the Zacks Consensus Estimate by 14 cents and increased 18.3% year over year.
Operating revenues were up 5.7% year over year to $371.4 million in the first quarter, slightly better than the consensus mark of $370 million.
At the end of the quarter , assets under management (AUM) were $802.2 billion in ETFs linked to MSCI indexes, up 4.9% year over year. Total Retention Rate was 95.2% at the end of the quarter.
MSCI Inc Price and EPS Surprise
the complete list of today’s Zacks #1 Rank stocks here .
Zendesk (NYSE:ZEN) has an Earnings ESP of +7.84% and a Zacks Rank #2.
CACI International (NYSE:CACI) has an Earnings ESP of +4.02% and a Zacks Rank #2.
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