Report
Preston Caldwell
EUR 100.00 For Business Accounts Only

Frank's Delivers Solid Bottom-Line Results in 3Q

Frank's International delivered solid third-quarter results. Although revenue slipped 2% lower sequentially because of a temporary lull in international services segment projects, overall company EBITDA margins improved to 9% from 8%. Management is maintaining strong guidance for international markets growth in 2019 broadly as well as robust growth from the Blackhawk segment (added to the company in late 2016), in line with our expectations. Our fair value estimate and narrow moat rating are unc...
Underlying
Frank's International NV

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
Preston Caldwell

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