Autoliv Reports Solid Growth and Healthy Margins for 3Q 2016; Maintaining $95 Fair Value Estimate
Narrow moat-rated Autoliv, a leading safety components supplier to the global automotive industry, reported earnings per share before special items, or EPS, of $1.63, well ahead of the consensus EPS estimate of $1.37 and $0.10 better than the year ago EPS result of $1.53. Even so, the stock sold off nearly 6% as management said that organic growth would be flat for the fourth quarter. However, we note that adjusting for three fewer days in Autoliv’s fiscal 2016 fourth quarter compared with a yea...
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.