Why Morningstar (MORN) Is Up 11.6% After Earnings Beat And Major Index Rebrand
Morningstar, Inc. recently reported past second-quarter 2026 results showing sales of US$663.2 million and net income of US$107.8 million, with higher basic and diluted earnings per share from continuing operations than a year earlier. The company also completed rebranding the CRSP Market Indexes to Morningstar Market Indexes, extending its own name across benchmarks that underpin more than US$3 trillion in investor assets without altering existing index methodologies. Next, we will examine...