MSCI's Q4 EPS Surpasses, Income Drops
MSCI (NYSE:MSCI), a leader in investment decision support tools, released mixed fourth-quarter earnings on Wednesday, Jan. 29. Adjusted EPS of $4.18 came in ahead of analysts' consensus projections of $3.96. However, revenue for the quarter came in slightly under the anticipated $745 million at $743.5 million, revealing variability in its revenue streams.
The quarter showed solid earnings amidst lower net income, which decreased by 24.3% from last year due to the absence of previous period gains.
Source: MSCI. Note: Analyst consensus estimates for the quarter provided by FactSet. YOY = Year over year.
Source Fool.com
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