🔴 MSCI is trading 11.6% down today after raising full-year expense guidance

MSCI is trading 11.6% down at $552.54 after raising its full-year operating expense guidance, which overshadowed strong second-quarter 2026 financial results.

• Total operating revenues rose 12.2% to $867.0 million and adjusted EPS grew 18.5% to $4.94, driven by robust growth in the Index segment.
• Management increased full-year operating and EBITDA expense forecasts, citing costs related to acquisitions, incentive compensation, and strategic investment spending.
• The outlook for higher spending has dampened investor sentiment, offsetting the company's top- and bottom-line growth for the quarter.