MSCI Inc reports results for the quarter ended in September 30 - Earnings Summary

• MSCI Inc MSCI.N reported quarterly adjusted earnings of $3.86​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $3.45. The mean expectation of fourteen analysts for the quarter was for earnings of $3.77 per share. Wall Street expected results to range from $3.58 to $3.93 per share.

• Revenue rose 15.9% to $724.71 million from a year ago; analysts expected $715.68 million.

• MSCI Inc's reported EPS for the quarter was $3.57​.

• The company reported quarterly net income of $280.9 million.

• MSCI Inc shares had risen by 2.1% this quarter and gained 5.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.6% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 6 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the professional information services peer group is also "buy"

Wall Street's median 12-month price target for MSCI Inc is 649.50

This summary was machine generated from LSEG data October 29 at 02:18 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)