Experian Generates Strong Revenue Results in Fiscal 3Q
Experian’s fiscal third-quarter revenue results show the company generating some momentum, with overall year-over-year growth of 9%. We will maintain our GBX 1,940 fair value estimate and wide moat rating.North American results were particularly strong, with revenue up 12% year over year excluding currency effects and acquisitions. Experian saw strength in its core credit bureau end markets. We are especially pleased to see growth in the consumer business accelerate to 12%. This suggests manage...
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.
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