Morningstar (MORN) Reports In-Line Q4 EPS

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Go back to Morningstar (MORN) Reports In-Line Q4 EPS

Morningstar, Inc. Reports Fourth-Quarter, Full-Year 2016 Financial Results

February 21, 2017 4:09 PM EST

CHICAGO, Feb. 21, 2017 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced its fourth-quarter and full-year 2016 financial results. Net income in the fourth quarter was $70.3 million, or $1.63 per diluted share, compared with $37.3 million, or 85 cents per diluted share, in the fourth quarter of 2015. For the year ended Dec. 31, 2016, net income was $161.0 million, or $3.72 per diluted share, compared with $132.6 million, or $3.00 per diluted share, in 2015. Net income for the fourth quarter and full year in 2016 includes a holding gain of $37.1 million, or 86 cents per share, in connection with... More