Millicom’s 2Q Results Demonstrate Continued Execution of What We View as Key Strategies
Millicom reported second-quarter results that were roughly in line with our expectations. Historically, the firm’s results in the second and fourth quarters are weaker, particularly on the margin side, than the first and third quarters. Hence we aren’t worried that results for the quarter are below our full-year projections and we are maintaining our $83 fair value estimate for the ADRs. The local shares' fair value estimate will decline in line with the weakness in the Swedish krona. Our narrow...
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.