MSCI Inc. (NYSE:MSCI ) Q2 2024 Results Conference Call July 23, 2024 11:00 AM ET Company Participants Jeremy Ulan - Head of Investors Relations and Treasurer Henry Fernandez - Chairman and CEO Baer Pettit - President and COO Andy Wiechmann - Chief Financial Officer Conference Call Participants Alex Kramm - UBS Manav Patnaik - Barclays Toni Kaplan - Morgan Stanley Ashish Sabadra - RBC Capital Alexander Hess - JPMorgan Owen Lau - Oppenheimer Heather Balsky - Bank of America Faiza Alwy - Deutsche Bank George Tong - Goldman Sachs Scott Wurtzel - Wolfe Research Craig Huber - Huber Research Partners Russell Quelch - Redburn Atlantic Gregory Simpson - BNP Paribas Operator Good day, ladies and gentlemen. And welcome to the MSCI Second Quarter 2024 Earnings Conference Call.
MSCI's second-quarter 2024 results benefit from strong growth in recurring subscription revenues.
Although the revenue and EPS for MSCI (MSCI) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
MSCI (MSCI) came out with quarterly earnings of $3.64 per share, beating the Zacks Consensus Estimate of $3.56 per share. This compares to earnings of $3.26 per share a year ago.
MSCI (MSCI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Compounder stocks offer long-term investment potential with strong financial results. MSCI meets criteria for a compounder with consistent revenue and profit growth, shrinking share count, and an attractive valuation. Risks include potential competition and valuation compression, but overall MSCI is a strong GARP investment opportunity.
MSCI (MSCI) reported earnings 30 days ago. What's next for the stock?