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Morningstar quarterly net jumps 53%

SAN FRANCISCO (MarketWatch) — Morningstar Inc. said late Thursday that second-quarter net income was $28 million, or 57 cents a share, up 53% from a year earlier when the mutual fund rating specialist made $18.3 million, or 38 cents a share. Consolidated operating income was $41.6 million, or 84 cents a share, in the latest quarter. Consolidated revenue was $132.2 million, up almost 21% from the same period in 2007. Morningstar was expected to make 49 cents a share, according to the average estimate of three analysts in a FactSet Research survey.
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Original post by Forextvblog

This entry was posted on Thursday, July 31st, 2008 at 2:39 pm and is filed under Daily Forex Analysis. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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