MSCI Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 26, 2021 at 06:45 am
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MSCI Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 517.1 million compared to USD 425.33 million a year ago. Net income was USD 169.88 million compared to USD 182.36 million a year ago. Basic earnings per share from continuing operations was USD 2.06 compared to USD 2.18 a year ago. Diluted earnings per share from continuing operations was USD 2.03 compared to USD 2.16 a year ago.
For the nine months, sales was USD 1,493.7 million compared to USD 1,251.73 million a year ago. Net income was USD 532.12 million compared to USD 445.61 million a year ago. Basic earnings per share from continuing operations was USD 6.45 compared to USD 5.3 a year ago. Diluted earnings per share from continuing operations was USD 6.38 compared to USD 5.26 a year ago.
MSCI, Inc. specializes in publishing information and support tools dedicated to institutional investors. Net sales break down by activity as follows:
- dissemination of stock market indices (57.4%): used in particular for the creation of indexed products, comparative performance analysis, rebalancing and asset allocation;
- development of market analysis solutions and tools (24.4%): development of content, applications and services for risk management, performance attribution and portfolio management;
- development of tools for the analysis of environmental, social and governance criteria (11.4%);
- other (6.8%).
Net sales are distributed geographically as follows: the United States (41.3%), Americas (4.4%), the United Kingdom (16.1%), Europe/Middle East/Africa (22.5%), Japan (4%) and other (11.7%).