CSRA Reports Good 1Q; an Important 2Q Coming; Shares Fairly Valued
CSRA reported a good start to the fiscal year as the firm’s revenue performance came in line with expectations, although margin and EPS slightly outperformed our outlook. Notably, the company gave commentary about its outlook for government spending, suggesting that the most likely outcome is that the start of fiscal 2018 (Oct. 1, 2017) will begin with a continuing resolution that extends fiscal 2017’s "robust" funding. From CSRA’s point of view, procurements are moving through the government sy...
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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