MSCI set to report Q2 earnings with estimate of $3.56 per share, showing growth potential

From Nasdaq: 2024-07-18 10:36:00

MSCI is set to report its second-quarter 2024 results on Jul 23. The Zacks Consensus Estimate for earnings is $3.56 per share, up 9.2% year-over-year. Revenue estimates are at $697.24 million, a 12.25% increase. MSCI has beat earnings estimates in the past four quarters.

Factors like global client base and integration of Climate solutions are expected to benefit MSCI in Q2. Recent acquisitions like Foxberry aim to enhance custom index capabilities. Despite market volatility and macroeconomic challenges, MSCI’s tailored analytics tools and acquisitions position it well for growth.

While MSCI has a Zacks Rank of #2, the Earnings ESP is -0.44%. Companies with potential earnings beats include Arista Networks (ANET), Meta Platforms (META), and GoDaddy (GDDY). Each has positive Earnings ESP and favorable Zacks Ranks, showing potential for strong earnings performance in the upcoming releases.

Investors can stay informed with the Zacks Earnings Calendar. The upcoming earnings announcement from MSCI and other companies presents opportunities for informed investment decisions. Additionally, Zacks offers insights on stock picks ahead of the upcoming US presidential election.



Read more at Nasdaq: MSCI Scheduled to Report Q2 Earnings: What’s in the Cards?