MSCI Inc. (MSCI) announced a profit for its second quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $266.76 million, or $3.37 per share. This compares with $246.83 million, or $3.09 per share, in last year's second quarter.
Excluding items, MSCI Inc. reported adjusted earnings of $288.84 million or $3.64 per share for the period.
Analysts on average had expected the company to earn $3.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 14.0% to $707.95 million from $621.16 million last year.
MSCI Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $266.76 Mln. vs. $246.83 Mln. last year.-EPS (Q2): $3.37 vs. $3.09 last year.-Revenue (Q2): $707.95 Mln vs. $621.16 Mln last year.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.