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With a market cap of $48 billion, MSCI Inc. (MSCI) operates in the financial services sector and provides investment decision support tools. The New York-based company offers indexes, analytics, ESG research, and private assets solutions to help investors manage portfolios and assess risks globally. It is expected to unveil its fiscal Q3 earnings results before the market opens on Tuesday, Oct. 29.
Before the event, analysts anticipate the maker of software tools for portfolio managers to report a profit of $3.76 per share, up nearly 9% from $3.45 per share in the same quarter last year. The company has consistently surpassed Wall Street's earnings projections in the past four quarters. MSCI exceeded the consensus estimate by a 2.3% margin in the last reported quarter.