Q: Surprised a question about the earnings report on Friday has not been asked .
So, what is your take on the report.
*** if asked already and not yet answered disregard this question, no need for repeating
So, what is your take on the report.
*** if asked already and not yet answered disregard this question, no need for repeating
5i Research Answer:
EPS of $13.44 more than doubled year over year, but missed estimates of $13.72. Revenue rose 16% to $2.70B, vs estimates of $2.73B. Cash flow rose 33% to $678M. Organic growth was 1%, or 2% with f/x adjustments. Acquisitions were $475M. Free cash flow was $482M, up 48%. We would consider these numbers very good considering industry backdrop conditions.