Morningstar reports Q2 adjusted EPS $2.40, consensus $2.19

Reports Q2 revenue $605.1M, consensus $604.57M. “PitchBook, Morningstar (MORN) Direct Platform, and Morningstar Credit led the way in the second quarter, contributing to solid growth,” said Kunal Kapoor, Morningstar’s chief executive officer. “Our teams remain focused on delivering insights and experiences that make us essential to the investor workflow. In recent weeks, we enhanced Direct Advisory Suite with data on 1,000 private funds and improved screening tools, expanded CLO holdings and trade data in PitchBook, and published The State of Semiliquid Funds, offering insights on a growing segment of the market. Through such efforts, we are creating a common language to help investors navigate the convergence of public and private markets.”