Danone's margin-expansion story is now better understood.
Narrow-moat Danone reported a respectable fourth quarter that beat our forecasts on an organic basis, but weaker-than-expected tailwinds from portfolio changes and foreign exchange meant the firm narrowly missed our revenue and operating income estimates. Guidance of double-digit earnings growth in 2018 is in line with our forecast, although we may dampen our near-term assumptions to account for the recent strength in the euro and rising commodity inflation. We are unlikely to materially change ...
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.