Currency Headwinds Weigh on CRH’s Profits in First-Half 2018; Shares Look Roughly Fairly Valued
In the first quarter, CRH’s Americas and European operations struggled to generate revenue growth, as weather and timing of holidays weighed on results. The company didn’t face the same challenges in the second quarter, allowing for meaningful revenue acceleration across most of its business in these regions.The outlook for the Americas operations is favorable, as end-market demand remains strong. Similarly, the improving economic outlook in Europe should signal continued improvement for CRH’s ...
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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