MSCI reports Q3 adjusted EPS $4.47, consensus $4.37

Reports Q3 revenue $793.4M, consensus $797.83M. “In the third quarter, MSCI (MSCI) delivered strong financial and sales performance, including record Q3 recurring sales in our two largest product lines – Index and Analytics – and also with hedge funds and banks. In addition, we achieved a record asset-based-fee run rate driven by 17 percent growth, which reflected record AUM levels of about $6.4 trillion combined in ETF and non-ETF products linked to our indexes,” said Henry Fernandez, Chairman and CEO of MSCI. “Our Q3 results affirm that MSCI’s indexes, analytics, and data are foundational to investment portfolios around the world, demonstrating our role as a global standard setter. Meanwhile, our expansion with newer client segments highlights the benefits of our relentless innovation. By enhancing our focus on individual segments, we will further accelerate innovation across product lines and asset classes,” Fernandez added.