05:22 PM EDT, 10/23/2024 (MT Newswires) -- Morningstar ( MORN ) reported Q3 adjusted net income late Wednesday of $2 per diluted share, up from $1.28 a year earlier.

Two analysts polled by Capital IQ expected $2.

Revenue for the quarter ended Sept. 30 was $569.4 million, up from $515.5 million a year earlier.

Two analysts surveyed by Capital IQ expected $565.8 million.

Separately, the company said Chief Financial Officer Jason Dubinsky will step down at the end of this year and will assume a consulting role to support a smooth transition through mid-2025. A succession process has started, it added.