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MSCI: 3Q Earnings Snapshot

NEW YORK (AP) _ MSCI Inc. (MSCI) on Thursday reported third-quarter earnings of $123.8 million.

The New York-based company said it had profit of $1.36 per share. Earnings, adjusted for one-time gains and costs, came to $1.35 per share.

The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.30 per share.

The maker of software tools to help portfolio managers make investment decisions posted revenue of $357.9 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $359.1 million.

MSCI shares have climbed 20 percent since the beginning of the year. The stock has risen 30 percent in the last 12 months.

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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