Delphi Tech Reports Solid 1Q Results, Raises 2018 Guidance; Maintaining $52 FVE
Narrow-moat Delphi Technologies, provider of fuel injection, valvetrain, and other powertrain products for electric and internal combustion engine vehicles, as well as aftermarket parts, reported first-quarter EPS before special one-time items of $1.30, crushing the sell-side consensus EPS of $1.15 and substantially higher than last year’s comparable pro forma EPS of $0.96. We think the outperformance relative to the consensus was mainly attributable to strong favorable currency effect.With st...
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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