30.01.2024 16:17:25 - dpa-AFX: MSCI Ascends 8% Following Upbeat Quarterly Results

WASHINGTON (dpa-AFX) - Shares of MSCI Inc. (MSCI), a provider of critical
decision support tools to investment firms, are rising more than 8% Tuesday
morning after reporting upbeat fourth-quarter results.

Profit for the fourth quarter increased to $403.38 million, or $5.07 per share
from$214.97 million, or $2.67 per share, in last year's fourth quarter.

Excluding items, MSCI reported adjusted earnings of $292.21 million or $3.68 per
share, that beat the average estimate of analysts polled by Thomson-Reuters of
$3.29 per share.

The company's revenue for the quarter rose 19.8% to $690.11 million from $576.21
million last year. The consensus estimate stood at $662.73 million.

MSCI is at $599.22 currently. It has traded in the range of $451.55 - $607.48 in
the last 52 weeks.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
MSCI A0M63R NYSE 492,240 06.06.24 21:19:02 -6,070 -1,22% 492,120 492,450 498,080 498,310

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH