MSCI Q2 Profit Rises - Quick Facts

(RTTNews) - MSCI, Inc. (MSCI), a provider of investment decision support tools, posted second-quarter net income of $107.66 million or $0.91 per share, higher than $61.05 million or $0.50 per share in the year-ago quarter.

Income from continuing operation for the quarter grew to $56.80 million or $0.48 per share from $56.14 million or $0.46 per share in the prior-year quarter.

On an adjusted basis, net earnings totaled $64.56 million or $0.55 per share. On average,9 analysts polled by Thomson Reuters expected earnings per share of $0.50 for the quarter. Analysts' estimates typically exclude one-time items.

Operating revenues for the quarter grew 11.3 percent to $254.23 million from $228.42 million in the same quarter last year. Analysts estimated revenues of $246.69 million for the quarter.