Mixed News in a Weak 4Q as AB InBev Raises Synergy Target and Maintains Dividend
For the third consecutive quarter, Anheuser-Busch InBev suffered severe weakness in Brazil that caused consolidated earnings to undershoot our expectations. Although the fourth quarter offered little cause for optimism, we expect the company's wide economic moat to ensure that the headwinds are temporary and that a recovery in Brazil could occur later this year. We are maintaining our long-term assumptions of 4.5% organic revenue growth and a nearly 39% operating margin, so the impact on our $12...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.