MSCI Stock Is the S&P 500’s Top Performer on Tuesday. Demand Drives an Earnings Beat.

MSCI stock was surging Tuesday after the investment support tool company posted fourth-quarter earnings and revenue that beat analysts’ estimates and increased its quarterly dividend. MSCI reported fourth-quarter earnings of $3.68 a share, topping Wall Street estimates of $3.29, and beating year-earlier profit of $2.84 a share. “We continue to capitalize on important secular trends that are reshaping the global investment landscape, such as rising demand for portfolio customization at scale,” Chief Executive Henry Fernandez said in the earnings release.