Morningstar (MORN) Tops Q4 EPS by 6c

Morningstar (NASDAQ: MORN) reported Q4 EPS of $0.85, $0.06 better than the analyst estimate of $0.79. Revenue for the quarter came in at $201.6 million versus the consensus estimate of $204.3 million.

Joe Mansueto, chairman and chief executive officer of Morningstar, said, "We had a good quarter, led by strong results for Workplace Solutions, our retirement and financial wellness offering, and Morningstar Direct, our institutional investment research platform. Organic revenue was up more than 5%, with particular strength from our international operations. We also did a nice job keeping expenses in line while continuing to invest in our key growth initiatives."

For earnings history and earnings-related data on Morningstar (MORN) click here.

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