Apr. 22 at 11:22 AM
$MSCI MSCI reports Q1 adjusted EPS
$4.00, consensus
$3.90
Reports Q1 revenue
$745.8M, consensus
$744.47M. "In Q1, MSCI delivered strong financial metrics, durable retention, and solid asset-based-fee revenue growth. At the product level, we drove recurring net new sales growth across Index, Analytics, and Private Assets. At the client-segment level, we posted strong run-rate growth with asset owners, hedge funds, banks and broker dealers, and wealth managers," said CEO Henry Fernandez.
"Looking ahead, MSCI has deep client relationships, differentiated capabilities and a resilient business model to weather periods of global turmoil, which are also the times when our clients rely on us the most. We provide mission-critical data, models, and technology that clients need in all environments and all phases of the market cycle, which supports our ability to achieve durable financial results".