MSCI: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 06:52 AM ET
Last Updated - Oct 29, 2024, 06:52 AM EDT
NEW YORK (AP) — NEW YORK (AP) — MSCI Inc. (MSCI) on Tuesday reported third-quarter earnings of $280.9 million.
The New York-based company said it had profit of $3.57 per share. Earnings, adjusted for one-time gains and costs, were $3.86 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.77 per share.
The maker of software tools to help portfolio managers make investment decisions posted revenue of $724.7 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $713.7 million.
