An Appetising 3Q Update From Narrow-Moat Compass Group
Narrow-moat Compass Group served up a positive third-quarter update, with organic revenue growth rising to 6.3% over the period. Management now expect organic revenue growth of 6% for the full year, the top end of their previously guided 4%-6% range, while reaffirming their 1H belief that operating margins will be flat year over year. Because our expectations for organic growth were already slightly above the midpoint of the guided range, we will tweak this upwards for the full year, but do not ...
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.
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