MSCI Reports Financial Results for Third Quarter and Nine Months 2018

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MSCI (MSCI) Tops Q3 EPS by 5c, Revenues Miss

November 1, 2018 7:22 AM EDT

MSCI (NYSE: MSCI) reported Q3 EPS of $1.35, $0.05 better than the analyst estimate of $1.30. Revenue for the quarter came in at $357.93 million versus the consensus estimate of $359.91 million.

Operating revenues up 11.1%; recurring subscription revenues up 9.9%; asset-based fees up 12.6%.Diluted EPS of $1.36, up 46.2%; Adjusted EPS of $1.35, up 35.0%.Quarterend AUM of $765.5 billion in ETFs linked to MSCI indexes; up 13.5% compared to prior year.Total Run Rate up 10.0% to $1,435.3 million, driven by asset-based fees Run Rate, up 12.5%, and subscription Run Rate, up 9.3%. Organic subscription Run Rate growth of... More