MSCI Reiterated FY24 Capex of $95M-$105M, Free Cash Flow of $1.225B-$1,285B
Portfolio Pulse from Benzinga Newsdesk
MSCI has reiterated its full-year 2024 guidance, including capital expenditures of $95M-$105M and free cash flow of $1.225B-$1.285B. The guidance is based on various macroeconomic assumptions and is subject to uncertainties.
July 23, 2024 | 10:47 am
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MSCI has reiterated its full-year 2024 guidance, maintaining its capital expenditures and free cash flow estimates. This consistency in guidance may provide stability and confidence to investors.
The reiteration of guidance suggests that MSCI is confident in its financial outlook despite macroeconomic uncertainties. This stability is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100