MSCI: Proving Itself To Be A High-Quality Company

Summary

  • MSCI reported results that beat expectations on both top and bottom-line after a challenging 1Q24 that left the market in doubts.
  • The rebound in retention rates from the prior quarter was a positive, and there was no deterioration in the current 2Q24 quarter.
  • That said, MSCI continues to expect cancels to be elevated in 3Q24 compared to the prior year and that longer sales cycles continue to persist.
  • MSCI announced new partnerships, including with Moody's, new product launches and continued innovation in core and new businesses as MSCI embraces AI.

littleclie

MSCI (NYSE:MSCI) reported results that were in line with my base case for the company, reaffirming my thesis that the weakness we saw in the business in the first quarter was not the start of a worsening trend, but rather, more

Brief introduction

Revenue and client mix (MSCI)

2Q24 results

Results overview (MSCI)

Run-rate and retention ratio (MSCI)

Index segment

Index segment metrics (MSCI)

Analytics, ESG and Climate and Private Assets

Run rate breakdown (MSCI)

Cautiously optimistic

2024 guidance (MSCI)

Valuation

Summary of my 5-year financial forecasts for MSCI (Author generated)

Conclusion

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet