Report
Richard Hilgert
EUR 101.80 For Business Accounts Only

Peugeot 2017 Results Show Solid Turnaround Progress; Maintaining EUR 11 Fair Value Estimate

No-moat French automaker PSA Peugeot Citroen reported 2017 earnings per share of EUR 2.05, EUR 0.12 higher than the EUR 1.93 reported a year ago. French companies like Peugeot only disclose full financial statements in the second quarter and at the year-end, with only revenue reported in the fiscal first and third quarters. Excluding special items, Peugeot's EPS would have been EUR 2.77 compared with EUR 2.47 for full-year 2016 and the consensus EPS of EUR 2.30. However, the market is well aware...
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
Richard Hilgert

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