MSCI (NYSE: MSCI) reported Q3 EPS of $2.53, $0.13 better than the analyst estimate of $2.40. Revenue for the quarter came in at $517.1 million versus the consensus estimate of $506.75 million.

Full-Year 2021 Guidance:

MSCI's guidance for the year ending December 31, 2021 (“Full-Year 2021”) is based on assumptions about a number of macroeconomic and capital market factors, in particular related to equity markets. These assumptions are subject to uncertainty, and actual results for the year could differ materially from our current guidance, including as a result of ongoing uncertainty related to the duration, magnitude and impact of the ongoing COVID-19 pandemic.

Guidance Item	Current Guidance for Full-Year 2021	Prior Guidance for Full-Year 2021
Operating Expense(1)	$955 to $975 million	$920 to $940 million
Adjusted EBITDA Expense	$840 to $860 million	$820 to $840 million
Interest Expense (including amortization of financing fees)(2)	~$160 million	~$160 million
Depreciation & Amortization Expense(1)	~$110 million	~$100 million
Effective Tax Rate	15.0% to 16.0%	14.0% to 17.0%
Capital Expenditures	$50 to $60 million	$50 to $60 million
Net Cash Provided by Operating Activities	$800 to $840 million	$900 to $940 million
Free Cash Flow(3)	$740 to $790 million	$840 to $890 million

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