MSCI Stock Rises 5% After Strong Q3 Earnings Report
On October 20, MSCI (NYSE: MSCI) saw its stock rise by 5% following the release of strong third-quarter financial results. The company reported revenue of $892 million, a 12% increase year-over-year and above analyst expectations of just under $888 million. Non-GAAP net income rose 8% to $369 million, while adjusted earnings per share (EPS) grew by 14% to $5.11, surpassing the expected $5.02. MSCI attributed its performance to increased sales in multiple business segments and higher asset-based fees, particularly driven by strength in the Asia-Pacific region. The company maintained most of its guidance for 2026 but slightly revised upward its interest expense forecast.
Tickers: $MSCI
Topics: data_analytics finance revenue_growth stock_performance