23.04.2024 12:56:19 - dpa-AFX: MSCI Inc. Q1 Profit Increases, beats estimates
WASHINGTON (dpa-AFX) - MSCI Inc. (MSCI) announced earnings for its first
quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $255.95 million, or $3.22 per share. This
compares with $238.73 million, or $2.97 per share, in last year's first quarter.
Excluding items, MSCI Inc. reported adjusted earnings of $280.23 million or
$3.52 per share for the period.
Analysts on average had expected the company to earn $3.45 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 14.8% to $679.97 million from $592.22
million last year.
MSCI Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $255.95 Mln. vs. $238.73 Mln. last year.
-EPS (Q1): $3.22 vs. $2.97 last year.
-Revenue (Q1): $679.97 Mln vs. $592.22 Mln last year.
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