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

• MSCI Inc. MSCI.N reported quarterly adjusted earnings of $5.11​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $4.47. The mean expectation of sixteen analysts for the quarter was for earnings of $5.02 per share. Wall Street expected results to range from $4.87 to $5.13 per share.

• Revenue rose 12.4% to $892.00 million from a year ago; analysts expected $885.83 million.

• MSCI Inc.'s reported EPS for the quarter was $4.86​.

• The company reported quarterly net income of $351 million.

• MSCI Inc. shares had risen by 4.6% this quarter and lost 1.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 3 "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 $672.00, about 16.1% above its last closing price of $563.49

This summary was machine generated from LSEG data October 20 at 01:31 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)