30.01.2024 12:55:06 - dpa-AFX: MSCI Inc. Q4 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - MSCI Inc. (MSCI) released a profit for its fourth
quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $403.38 million, or $5.07 per share. This
compares with $214.97 million, or $2.67 per share, in last year's fourth
quarter.
Excluding items, MSCI Inc. reported adjusted earnings of $292.21 million or
$3.68 per share for the period.
Analysts on average had expected the company to earn $3.29 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 19.8% to $690.11 million from $576.21
million last year.
MSCI Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $403.38 Mln. vs. $214.97 Mln. last year.
-EPS (Q4): $5.07 vs. $2.67 last year.
-Analyst Estimate: $3.29
-Revenue (Q4): $690.11 Mln vs. $576.21 Mln last year.
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