Report
Richard Hilgert
EUR 101.80 For Business Accounts Only

Nissan Fiscal 3Q 2017 Results Excluding Special Items Impress; JPY 1,450 FVE Unchanged

No-moat-rated Nissan reported fiscal third-quarter diluted earnings per share before special items, or EPS, of JPY 42.14, beating the consensus of JPY 31.80 by JPY 10.34, and JPY 8.66 better than the JPY 33.49 EPS reported in the same period last year. Including China JV equity income but excluding special items, adjusted EBITDA margin expanded 70 basis points to 9.6% despite a 4% decline in both revenue and volume. Including special items, EBITDA margin would have been 6.5%. Nissan was adversel...
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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.

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Richard Hilgert

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