Morningstar Q1 Revenue $542.8M, Up 13.2%; Adj. EPS $1.73
Portfolio Pulse from Benzinga Newsdesk
Morningstar reported a Q1 revenue of $542.8 million, marking a 13.2% increase from the previous year. The adjusted EPS was $1.73.
April 24, 2024 | 8:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morningstar's Q1 earnings report showed a significant revenue increase of 13.2% to $542.8 million and an adjusted EPS of $1.73.
The reported increase in revenue and adjusted EPS indicates a strong financial performance for Morningstar in Q1. This positive earnings report is likely to instill confidence in investors and could lead to a short-term uptick in MORN's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100