Volkswagen 1Q Results Solid Despite VW and Audi Brand Challenges; Maintaining EUR 218 Fair Value
No-moat rated Volkswagen reported earnings per diluted preferred share before special items (EPS) of EUR 6.71. The result was slightly below the consensus EPS estimate of EUR 6.73 but was well above the EUR 4.02 reported in the first quarter of 2016. We note that prior to Volkswagen’s earnings pre-announcement on April 18, consensus was EUR 6.58, meaning the company beat the market by EUR 0.13 per share.Management confirmed 2017 guidance, forecasting 4% consolidated revenue growth compared with...
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.