Morningstar (MORN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.48
- Estimate
- $3.04
- Surprise
- +14.5%
- Revenue (period 2026-09-30)
- $672.1M
- Score at report (before → after)
- 6.2 → 6.3/10
Revenue source: xbrl.
How the report landed
Morningstar (MORN) beat the $3.04 estimate with adjusted EPS of $3.48 — a large 14.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.2/10) to Hold at 6.3/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MORN Hold at 6.1/10.
4 of the last 4 quarters beat the estimate; this quarter's +14.5% surprise compares with a +14.6% four-quarter average.
What supports the rating
- V7 quality resilience bonus: +0.2 (Q=7.7 in RISK_OFF)
- Sector modifier (Financial Services): +1.0
What argues against it
- Analyst target reached - limited upside remaining
- Near 52-week high (3.2% away)
- Leverage penalty (D/E 1.9): -1.0
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $218.97
- Stop
- $207.23
The stock trades at 20.4× trailing but 15.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
MORN at TrendMatrix's latest read
For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.
- Industry
- Financial Data & Stock Exchanges
- Market cap
- $8.06B
- P/E (fwd)
- 15.3
- P/E (ttm)
- 20.4
- 52-week range
- $141.49–$226.29
- Off 52-week high
- 3.2%
- RSI (14)
- 67
- Volume vs avg
- 0.04×
- Score today
- 6.1/10