10:50 AM EDT, 09/29/2025 (MT Newswires) -- MSCI ( MSCI ) is expected to reiterate its fiscal 2025 earnings before interest, tax, depreciation, and amortization expense guidance of $1.22 billion to $1.25 billion and free cash flow outlook of $1.40 billion to $1.46 billion when it reports its Q3 results, RBC Capital said in a late Friday note.

RBC expects Q3 net new subscription bookings of $33 million, below the consensus estimate of $38 million, on account of slower recovery in MSCI's ( MSCI ) asset management and sustainability & climate franchises.

RBC also expects Q3 revenue growth of about 8.9% year-on-year to $789 million, in-line with consensus of $790 million, and adjusted EBITDA of $496 million, above the consensus of $491 million.

MSCI ( MSCI ) is also expected to post Q3 earnings per share of $4.33, lower than the $4.36 per share consensus due to higher interest expenses, RBC said.

MSCI ( MSCI ) is slated to release its Q3 results on Oct. 30.

The firm rated MSCI ( MSCI ) at outperform with a $675 price target.

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