MSCI: Q3 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — MSCI Inc. (MSCI) on Tuesday reported third-quarter earnings of $351 million.

The New York-based company said it had profit of $4.86 per share. Earnings, adjusted for one-time gains and costs, came to $5.11 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $4.98 per share.

The maker of software tools to help portfolio managers make investment decisions posted revenue of $892 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $880.6 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