Morningstar - CA Inc. (CA) FX and Acquisitions Boost CAâ€™s 3Q; Shares Now Trading Above Unchanged FVE

Report

Morningstar

Andrew Lange

EUR 101.80 For Business Accounts Only

FX and Acquisitions Boost CAâ€™s 3Q; Shares Now Trading Above Unchanged FVE

CAâ€™s fiscal third-quarter results were strong with the company delivering its highest revenue growth rate in six years. However, the result was flattered by foreign exchange tailwinds and mostly reflected inorganic growth provided by previous acquisitions, Automic and Veracode. Still, it was good to see positive organic revenue growth for CAâ€™s Enterprise Solutions segment. A notable impact during the quarter was a $318 million tax charge related to the U.S. Tax Cuts and Jobs Act, though the firm...

30/01/2018 12 EN

Underlying

CA Inc.

CA is a provider of software solutions enabling customers to plan, develop, automate, manage and secure applications across mobile, cloud, distributed and mainframe platforms. The company has three operating segments: Enterprise Solutions, which includes products that are designed for mobile, cloud, and distributed computing environments and run on industry standard servers; Mainframe Solutions, which includes solutions for the IBM z Systems

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US12673P1057 United States

Provider

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.

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Analysts

Andrew Lange

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FX and Acquisitions Boost CAâ€™s 3Q; Shares Now Trading Above Unchanged FVE

Monthly LMI Update Independent Investment Research

Feasibility Study Results in December to be a Catalyst for this Junior

Morningstar | CA Reports 1Q Results; We Expect Takeover by Broadcom to Close; Shares Fairly Valued

Business as Usual for No-Moat Lonza; Specialty Ingredients Carve-Out on Track for 2020

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

Astra Posts Solid 2Q, Driven by Strong Cancer Drug Sales and Moving Away From One-Time Divestments

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