MSCI (MSCI) Tops Q3 EPS by 3c

MSCI (NYSE: MSCI) reported Q3 EPS of $1.00, $0.03 better than the analyst estimate of $0.97. Revenue for the quarter came in at $322.1 million versus the consensus estimate of $322.97 million.

“We are increasingly working closely with some of the largest participants in the investment industry in ways that provide them with the means to differentiate themselves and attract assets. This solutions-based approach is enabled by our focus on research, which is at the heart of the innovative, world-class products and services we deliver to our clients every day. It is exactly this focus on our clients, our integrated model and the strong execution of our strategy that helped us deliver another strong quarter, with a 12% increase in revenue, and 37% and 30% increases in diluted EPS and adjusted EPS, respectively,” commented Henry A. Fernandez, Chairman and CEO of MSCI.

“Our research and product development capabilities allow us to create innovative content that we can integrate across the Company. This cycle of content enhancement, creation and integration will provide a wide range of compelling organic opportunities that will drive our continued growth in the quarters and years ahead,” concluded Mr. Fernandez.

For earnings history and earnings-related data on MSCI (MSCI) click here.

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