Report
Andrew Lange
EUR 101.80 For Business Accounts Only

CA Reports Good Start to Fiscal Year; Automic and Veracode Drive Growth; Shares Fairly Valued

CA reported a good start to the fiscal year, with all key financial metrics outperforming management’s expectations. As a result, the company revised its full-year outlook and raised its revenue and EPS growth targets. The upside was mostly driven by better-than-expected performances from CA’s recent acquisitions, Automic and Veracode, while the firm’s expense control was also significant. Although CA’s year-ago comparative period was strong because of a large systems integrator deal, good new s...
Underlying
CA Inc.

CA is a provider of software solutions enabling customers to plan, develop, automate, manage and secure applications across mobile, cloud, distributed and mainframe platforms. The company has three operating segments: Enterprise Solutions, which includes products that are designed for mobile, cloud, and distributed computing environments and run on industry standard servers; Mainframe Solutions, which includes solutions for the IBM z Systems

Provider
Morningstar
Morningstar

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.

Analysts
Andrew Lange

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