Report
Brett Horn, CFA
EUR 101.80 For Business Accounts Only

Experian’s Growth Is Steady in Fiscal 3Q

Wide-moat Experian’s fiscal third-quarter revenue results held basically steady with recent results. Overall, excluding currency effects and acquisitions, year-over-year growth was 5%, a bit below our long-term expectations but in line with our near-term expectations, given headwinds in consumer services. We will maintain our GBX 1,610 fair value estimate.
By region, North America turned in decent results, up 5% year over year excluding currency effects and acquisitions, as a relatively healthy ...
Underlying
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
Brett Horn, CFA

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