MSCI Q2 Earnings Impress Investors, CEO Emphasizes On Robust Client Base and Execution
Portfolio Pulse from Anusuya Lahiri
MSCI Inc (NYSE:MSCI) reported strong Q2 earnings with a 14% revenue growth, beating analyst estimates. The adjusted EPS also surpassed expectations. The stock price rose by 7.46% following the announcement. The company showed robust growth across various segments, although the operating margin slightly declined. MSCI declared a dividend of $1.60 per share for Q3 and provided a positive FY24 outlook.
July 23, 2024 | 4:19 pm
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MSCI Inc reported strong Q2 earnings, with revenue and adjusted EPS beating analyst estimates. The stock price rose by 7.46% following the announcement. The company showed robust growth across various segments, although the operating margin slightly declined. MSCI declared a dividend of $1.60 per share for Q3 and provided a positive FY24 outlook.
MSCI's strong Q2 earnings report, which beat both revenue and EPS estimates, has positively impacted its stock price, which rose by 7.46%. The company's robust growth across various segments and the declaration of a $1.60 per share dividend for Q3 further bolster investor confidence. The positive FY24 outlook adds to the optimistic sentiment.
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