Report
Richard Hilgert
EUR 100.00 For Business Accounts Only

Veoneer Reports Full-Year Losses In Line With Our Expectations; Maintaining $24 Fair Value Estimate

Narrow-moat rated Veoneer, supplier to the global automotive industry of autonomous driving technologies, reported full-year 2018 earnings per share before special items (EPS) of negative $3.17, $0.26 worse than the consensus EPS of negative $2.91 but the exact same as our -$3.17 estimated EPS. The proforma full-year 2017 EPS was negative $1.11. Management reiterated the warning it first gave with its third-quarter results--there is downside risk to its $3.0 billion 2020 revenue target and the 2...
Underlying
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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