NEW YORK (AP) — NEW YORK (AP) — MSCI Inc. (MSCI) on Tuesday reported third-quarter earnings of $325.4 million.
On a per-share basis, the New York-based company said it had profit of $4.25. Earnings, adjusted for one-time gains and costs, came to $4.47 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.37 per share.
The maker of software tools to help portfolio managers make investment decisions posted revenue of $793.4 million in the period, missing Street forecasts. Six analysts surveyed by Zacks expected $799.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSCI at https://www.zacks.com/ap/MSCI
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