Morningstar Q4 Profit From Cont. Ops. Rises - Quick Facts

(RTTNews) - Morningstar, Inc. (MORN), a provider of independent investment research, reported that its fourth-quarter net income from continuing operations increased to $31.3 million, or $0.68 per share, from $27.8 million, or $0.58 per share, prior year. Net income attributable to Morningstar was $31.33 million, compared to $32.98 million, last year.

Analysts polled by Thomson Reuters expected the company to report profit per share of $0.77 for the quarter. Analysts' estimates typically exclude special items. Consolidated revenue was $180.5 million, a 5.8% increase from $170.6 million, prior year.