Morningstar Inc
- Morningstar Inc. traded flat at $319.96 after the financial data services company reported increased revenue in the fourth quarter ending in December.
Revenue increased 9.7% to $591.0 million from $538.7 million, consolidated net income surged 59% to $116.9 million from $73.5 million, and earnings per diluted share rose 58.5% to $2.71 from $1.71 a year ago.
In 2024, the company paid $69.3 million in dividends and repurchased $11.6 million of its shares while reducing its debt by $273.8 million.
Feb 27, 2025
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