Report
Richard Hilgert
EUR 101.80 For Business Accounts Only

Delphi 3Q Results Show Solid Improvement, Management Tweaks 2017 Guidance; Maintain $69 FVE

Narrow-moat-rated Delphi, supplier of electrical and electronic components and systems to the global automotive industry, reported EPS before special items of $1.66 for the third quarter of 2017. The result was $0.09 ahead of the consensus of $1.57 and $0.16 higher than third-quarter 2016 results of $1.50. The improvement was driven partially by operating performance, and partially by lower tax rate and stock repurchases that lowered diluted share count by 2% compared with the third quarter of 2...
Underlying
Aptiv PLC

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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