Steris' 2Q Tracks Our Expectations
Narrow-moat Steris reported fiscal second-quarter results that were, on balance, in line with our expectations. The firm had a stellar quarter for capital equipment sales, with service and consumable revenue falling just shy of our forecast. We'll make some small changes to our model, mostly to incorporate a lower tax rate for the full year, but we're already more or less in line with management's raised revenue outlook. We don’t anticipate a change to our $101 fair value estimate, which implies...
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.