Morningstar (MORN) Tops Q4 EPS by 6c
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Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2015 Financial Results
February 17, 2016 4:02 PM ESTCHICAGO, Feb. 17, 2016 /PRNewswire/ --Â Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its fourth-quarter and full-year 2015 financial results. Net income in the fourth quarter was $37.3 million, or 85 cents per diluted share, compared with $31.5 million, or 71 cents per diluted share, in the fourth quarter of 2014. For the year ended Dec. 31, 2015, net income was $132.6 million, or $3.00 per diluted share, compared with $78.3 million, or $1.74 per diluted share, in 2014. Net income for 2014 reflected a non-recurring expense of $61.0 millionapproximately $38.2 million after taxes, or 85 cents per sharerelated to a previously announced... More
