MSCI - These Analysts Cut Their Forecasts On MSCI Following Q1 Results | Benzinga
MSCI Inc (NYSE:MSCI) reported upbeat earnings for its fiscal first quarter on Tuesday.
The company posted revenue growth of 14.8% year-on-year to $679.97 million, missing the consensus of $684.14 million. The adjusted EPS of $3.52 beat the consensus of $3.45, according to data from Benzinga Pro.
Index operating revenues of the investment research firm rose 10.2% Y/Y to $373.9 million, aided by higher recurring subscription revenues and asset-based fees. Analytics operating revenues increased 11.5% Y/Y to $164.0 million, driven by higher recurring ...