NASDAQ$MORN
Morningstar Inc. · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
Morningstar's first-quarter 2021 financial results were reported, demonstrating broad-based growth across the business.
Morningstar reported a strong first quarter in 2021, with revenue increasing by 21.2% to $392.8 million. The company's license-based offerings, DBRS Morningstar, and ESG solutions contributed significantly to the growth. Net income also saw a substantial increase, reaching $54.9 million, or $1.27 per diluted share.
- Revenue increased by 21.2% to $392.8 million.
- Organic revenue grew by 13.0% compared to the prior-year period.
- Operating income increased by 51.0% to $67.2 million.
- Net income was $54.9 million, or $1.27 per diluted share, compared to $23.9 million, or $0.55 per diluted share, in the first quarter of 2020.
Headline financials
Revenue & EPS history
Morningstar · Revenue · Quarterly
$393M
Forward guidance
No specific forward guidance was provided in the press release.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.5%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+0.4%
Avg return
30 days after
53%
36 / 68 earnings
Positive
+12.6%
Q3 2018
Best reaction
-12.9%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -10.0% | -11.2% | -3.0% | |
| Q4 2025 | +2.3% | +5.7% | +19.0% | |
| Q3 2025 | +2.8% | +1.4% | +2.9% | |
| Q1 2025 | -0.5% | +3.1% | +8.3% | |
| Q4 2024 | -2.8% | -6.5% | -7.5% | |
| Q3 2024 | -3.5% | -2.7% | +0.8% | |
| Q2 2024 | +4.5% | +4.7% | +1.6% | |
| Q1 2024 | -4.3% | -5.5% | -0.9% | |
| Q4 2023 | -0.2% | +8.1% | +9.8% | |
| Q3 2023 | +11.1% | +12.6% | +23.7% | |
| Q2 2023 | +6.5% | +6.5% | +2.7% | |
| Q1 2023 | -12.9% | -7.9% | +1.7% | |
| Q4 2022 | -11.1% | -11.0% | -19.6% | |
| Q3 2022 | +2.1% | +4.7% | +11.2% | |
| Q2 2022 | +3.5% | -0.0% | -5.8% | |
| Q1 2022 | +1.4% | -4.4% | -0.6% | |
| Q4 2021 | +6.4% | +2.0% | +1.3% | |
| Q3 2021 | +4.8% | +3.1% | +1.4% | |
| Q2 2021 | +3.0% | +5.6% | +7.0% | |
| Q1 2021 | +3.7% | +3.5% | -7.7% | |
| Q4 2020 | -1.2% | -8.9% | -5.6% | |
| Q3 2020 | +6.9% | +6.5% | +8.8% | |
| Q2 2020 | +4.9% | +2.8% | +0.1% | |
| Q1 2020 | +9.0% | +3.8% | +7.1% | |
| Q4 2019 | -2.5% | -6.4% | -35.4% | |
| Q3 2019 | -7.2% | -4.7% | -1.1% | |
| Q2 2019 | +0.6% | -1.0% | -0.8% | |
| Q1 2019 | -0.9% | +2.9% | -2.7% | |
| Q4 2018 | +0.3% | +0.6% | -3.9% | |
| Q3 2018 | +12.6% | +4.3% | -0.8% | |
| Q2 2018 | -2.7% | -4.1% | -0.9% | |
| Q1 2018 | +6.2% | +5.0% | +13.8% | |
| Q4 2017 | -1.1% | -1.7% | -1.3% | |
| Q3 2017 | +1.9% | -2.3% | +6.3% | |
| Q2 2017 | +2.9% | +3.4% | +1.6% | |
| Q1 2017 | -4.1% | -6.1% | -6.8% | |
| Q4 2016 | +1.8% | +2.2% | -2.0% | |
| Q3 2016 | -6.4% | -7.2% | -4.8% | |
| Q2 2016 | +1.0% | +0.7% | -1.8% | |
| Q1 2016 | -4.2% | — | — | |
| Q4 2015 | -0.5% | — | — | |
| Q3 2015 | -1.9% | — | — | |
| Q2 2015 | +3.2% | — | — | |
| Q1 2015 | +3.5% | — | — | |
| Q4 2014 | +10.7% | — | — | |
| Q3 2014 | -0.3% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | -4.6% | — | — | |
| Q4 2013 | +4.3% | — | — | |
| Q3 2013 | +4.9% | — | — | |
| Q2 2013 | +0.7% | — | — | |
| Q1 2013 | +0.5% | — | — | |
| Q4 2012 | +1.9% | — | — | |
| Q3 2012 | -1.3% | — | — | |
| Q2 2012 | +2.4% | — | — | |
| Q1 2012 | +1.7% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q3 2011 | -0.4% | — | — | |
| Q2 2011 | -2.5% | — | — | |
| Q1 2010 | -1.7% | — | — | |
| Q1 2011 | +1.5% | — | — | |
| Q4 2010 | -2.2% | — | — | |
| Q4 2008 | -2.2% | — | — | |
| Q3 2009 | +0.1% | — | — | |
| Q3 2010 | +0.1% | — | — | |
| Q2 2010 | -1.1% | — | — | |
| Q4 2009 | -1.1% | — | — | |
| Q2 2009 | -1.1% | — | — |
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