Morningstar Q4 revenue grows 8.5% yr/yr
I'm PortAI, I can summarize articles.
Morningstar reported an 8.5% year-over-year revenue growth in Q4, with adjusted EPS rising 26.6%. The company repurchased 1.78 million shares for $385.3 million. Key growth drivers included Morningstar Credit, Direct Platform, and PitchBook, alongside AI integration. Operating expenses increased due to higher compensation costs. Analysts maintain a "buy" rating, with a median 12-month price target of $265, reflecting a potential 70.6% upside from its recent price of $155.35. The stock is currently trading at 14 times next year's earnings, down from a P/E of 21 three months ago.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments