Report
Richard Hilgert
EUR 100.00 For Business Accounts Only

Daimler Reports Mixed 1Q Results, Tweaks 2018 Guidance Lower; Maintaining EUR 85 FVE

No-moat-rated Daimler, the maker of Mercedes-Benz cars, trucks (Freightliner in the United States), vans, and buses, reported earnings per share before special items of EUR 2.12, up 6% from the year-ago period but EUR 0.14 lower than the consensus EPS of EUR 2.26. We think the extent of the underperformance versus consensus was attributable to negative currency and the adoption of IFRS 9, which changes sales hedge derivative accounting and IFRS 15, which changes revenue recognition on certain co...
Underlying
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
Richard Hilgert

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