** MSCI's MSCI.N shares are down ~8% at $532.33 after the index provider reported an adj profit that barely surpassed analysts' estimates
** MSCI is on track for its lowest since April and biggest daily pct decline since April last year
** MSCI's adj EPS of $4.17 was slightly ahead of Wall Street estimate of $4.14. Rev rose 9.1% to $772.68 mln from a year ago, which is also slightly above expectations of $768.38 mln
** Among 19 analysts covering MSCI, avg rating is "buy" and median PT is $640** MSCI is down 11.2% YTD vs SPX 500 Financial Index's .SPSY ~9% increase
(Reporting by Chibuike Oguh in New York)
((Email: Chibuike.Oguh@thomsonreuters.com; Phone: +332-219-1834; Reuters Messaging: chibuike.oguh.thomsonreuters.com@reuters.net))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.