Enzo Ferrari: "People dream of owning (a Ferrari)…it will remain a dream apart from a lucky few."
Wide-moat Ferrari, Formula 1 racer and maker of ultra-luxury and exotic sports cars, reported earnings per share before special items of EUR 0.78, EUR 0.06 better than the sell-side consensus and EUR 0.72 higher than the year ago EPS result. Revenue increased 1.3% to EUR 381 million while EBITDA jumped 12.7% to EUR 272 million with roaring margin expansion of 330 basis points to an impressive 32.7% versus the prior year, respectively. Excluding negative currency translation, revenue would have b...
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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