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Morningstar: 2Q Earnings Snapshot

CHICAGO (AP) _ Morningstar Inc. (MORN) on Thursday reported second-quarter profit of $42.1 million.

The Chicago-based company said it had net income of 98 cents per share.

The investment research firm posted revenue of $273.9 million in the period.

Morningstar shares have increased 40% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $153.49, a climb of almost 10% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MORN at https://www.zacks.com/ap/MORN