Morningstar, Inc. Reports Second-Quarter 2018 Financial Results

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Go back to Morningstar, Inc. Reports Second-Quarter 2018 Financial Results

Morningstar (MORN) Reports Q2 EPS of $0.97, Revenues Beat

July 25, 2018 4:37 PM EDT

Morningstar (NASDAQ: MORN) reported Q2 EPS of $0.97. Revenue for the quarter came in at $252.4 million versus the consensus estimate of $229.2 million.

Second-Quarter Financial Highlights

Revenue increased 10.1% to $252.4 million; organic revenue growth was 9.6%.Operating income increased 16.6% to $53.6 million.Diluted net income per share decreased 9.3% to $0.97 compared to $1.07 in the second quarter of 2017. The prior year... More