MSCI: 4Q Earnings Snapshot

NEW YORK (AP) _ MSCI Inc. (MSCI) on Thursday reported fourth-quarter earnings of $152.1 million.

The New York-based company said it had profit of $1.70 per share. Earnings, adjusted for one-time gains and costs, came to $1.31 per share.

The results exceeded 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 $361.7 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $361 million.

For the year, the company reported profit of $507.9 million, or $5.66 per share. Revenue was reported as $1.43 billion.

MSCI shares have risen 10 percent since the beginning of the year. The stock has increased 18 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