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MSCI: 2Q Earnings Snapshot

August 2, 2018

NEW YORK (AP) _ MSCI Inc. (MSCI) on Thursday reported second-quarter earnings of $116.8 million.

On a per-share basis, the New York-based company said it had net income of $1.28. Earnings, adjusted for one-time gains and costs, were $1.30 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The maker of software tools to help portfolio managers make investment decisions posted revenue of $363 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $356.5 million.

MSCI shares have risen 29 percent since the beginning of the year. The stock has increased 48 percent in the last 12 months.


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

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