UPDATE: UBS Upgrades MSCI Inc. (MSCI) to Buy

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MSCI Inc. (MSCI) PT Raised to $448 at Morgan Stanley

January 29, 2021 2:50 AM EST

Morgan Stanley analyst Toni Kaplan raised the price target on MSCI Inc. (NYSE: MSCI) to $448.00 (from $422.00) while maintaining a Equalweight rating.... More

MSCI (MSCI) Tops Q4 EPS by 3c, Revenues Beat

January 28, 2021 6:48 AM EST

MSCI (NYSE: MSCI) reported Q4 EPS of $1.96, $0.03 better than the analyst estimate of $1.93. Revenue for the quarter came in at $443.7 million versus the consensus estimate of $443.52 million.

Operating revenues of $443.7 million, up 9.1%Recurring subscription revenues up 8.9%; Asset-based fees up 15.3%Operating margin of 52.8%; Adjusted EBITDA margin of 57.7%Diluted EPS of $1.87, up 29.9%; Adjusted EPS of $1.96, up 17.4%New recurring subscription sales growth of 9.3%; Organic subscription Run Rate growth of 9.4%; Retention Rate of 92.6%Repurchase of 471,591 shares at an average price of $347.78 per share for a total value of $164.0 millionAssets in equity... More