Experian's Fiscal 1Q Revenue Results Are Solid
Experian's first-quarter revenue results contained no major surprises, and we will maintain our GBX 1,351 fair value estimate.ÂReported revenue was up 1% year over year, or 5% excluding currency effects. Excluding currency impacts, Experian is growing at a rate close to our long-term expectations, despite some material macro and operational headwinds. Looking at the results geographically, the United Kingdom was the weakest segment, growing only 1% excluding currency effects, although managemen...
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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