MSCI Reports Financial Results for First Quarter 2019

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MSCI (MSCI) Tops Q1 EPS by 14c, Slight Beat on Revenues; Provides FY19 Operating Outlook

May 2, 2019 7:24 AM UTC

MSCI (NYSE: MSCI) reported Q1 EPS of $1.55, $0.14 better than the analyst estimate of $1.41. Revenue for the quarter came in at $371.38 million versus the consensus estimate of $371.24 million.

Organic subscription Run Rate growth of 10.4%; Index up 11.6%, Analytics up 7.0% and All Other up 19.3%.Operating revenues up 5.7% with recurring subscription revenues up 8.3%, asset-based fees down 4.3% and non-recurring revenues up 43.7%.Organic operating revenue growth was 8.6% with organic recurring subscription revenues up 12.2%.Diluted EPS of $2.08, up 67.7%; Adjusted EPS of $1.55, up 18.3%.Record quarterly Retention Rate at 95.2%. New recurring subscription sales up 16.5%, total net... More