Msci Inc(NYSE:MSCI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $290.60M. Analysts estimated a revenue of $286.46M. Earnings per share were $0.77. Analysts had estimated an EPS of $0.72.
In a different note, Credit Suisse said it Initiates Coverage on Msci Inc, according to a research note issued on Jul 11, 2016. The shares have been rated ‘Outperform’ by the firm.
Msci Inc (MSCI) made into the market gainers list on Thursdays trading session with the shares advancing 0.47% or 0.4 points. Due to strong positive momentum, the stock ended at $85.38, which is also near the day’s high of $85.9799. The stock began the session at $85.17 and the volume stood at 2,52,823 shares. The 52-week high of the shares is $86.59 and the 52 week low is $56.87. The company has a current market capitalization of $8,079 M and it has 9,46,28,529 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On May 23, 2016, Cd Baer Pettit (Chief Operating Officer) sold 20,106 shares at $75.94 per share price.Also, On May 19, 2016, Richard J Napolitano (Principal Accounting Officer) sold 3,753 shares at $75.08 per share price.
MSCI Inc. together with its wholly owned subsidiaries is a provider of investment decision support tools including indexes portfolio risk and performance analytics and multi-asset class market risk analytics products and services. The Companys products include global equity indexes and environmental social and governance (ESG) products marketed under the MSCI and MSCI ESG Research brands its private real estate benchmarks marketed under the IPD brand its portfolio risk and performance analytics covering global equity markets marketed under the Barra brand its multi-asset class market and credit risk analytics marketed under the RiskMetrics and Barra brands and its performance reporting products and services offered to the investment consultant community marketed under the InvestorForce brand.