MSCI Q2 revenue rises 12.2% but stock drops 8.5%

Earnings
โดย Yahoo Finance·US·Read original
Summary · why it matters

MSCI reported second-quarter revenues of $867 million, up 12.2% year over year, in line with analyst expectations but marking the weakest performance against estimates among its peers. The stock has fallen 8.5% since the report and currently trades at $572.27. Among the ten financial exchanges and data stocks tracked, Morningstar posted the best quarter with revenues of $663.2 million, up 9.6% and beating estimates by 2.2%, while S&P Global was the weakest with revenues of $4.15 billion, up 10.4% but issuing full-year EPS guidance slightly below expectations. Nasdaq and Moody's also beat estimates, with Moody's achieving the biggest beat and fastest revenue growth of the group at 15.1%.

Impact on stocks 5

Financials± Mixed · 2 stocks
MSCI Inc
MSCI
▼ NegativeCapitalrelevance

MSCI's Q2 revenue rose 12.2% but was in line with estimates, marking the weakest performance against estimates among peers, and stock dropped 8.5%.

Morningstar Inc
MORN
▲ PositiveCapitalrelevance

Morningstar posted the best quarter with revenues up 9.6% and beating estimates by 2.2%.

Cloud & Digital Infrastructure± Mixed · 2 stocks
Moodys Corporation
MCO
▲ PositiveCapitalrelevance

Moody's beat estimates and had the fastest revenue growth of the group at 15.1%.

S&P Global Inc
SPGI
▼ NegativeCapitalrelevance

S&P Global was the weakest with revenues up 10.4% but issuing full-year EPS guidance slightly below expectations.

Digital Finance & Tokenization · 1 stocks
Nasdaq Inc
NDAQ
▲ PositiveCapitalrelevance

Nasdaq beat estimates, as mentioned in the article.