MSCI Shares Rise 5.53% as Third-Quarter Revenue Climbs 12.4%
MSCI generated nearly half of third-quarter revenue growth from asset-based fees. Revenue rose 12.4% to $892 million and adjusted earnings increased 14.3% to $5.11 per share.
Index-and-analytics provider MSCI NYSE:MSCI generated nearly half its third-quarter revenue growth from asset-based fees, while its shares traded at $594.63, up 5.53%, at 8:58 a.m. ET on October 20. Revenue climbed 12.4% to $892 million, and adjusted earnings increased 14.3% to $5.11 a share. Accor…