Magellan Financial Group Ltd
MFG: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|c% | LOCK|^j | LOCK|zLX^>!% |
Magellan Earnings: Drivers Less Ideal Than We Expected
Magellan's operating EPS increased 5% from last year to AUD 49 million, largely from higher principal investment income, while funds management revenue declined. Shares reacted positively, up high single digits intraday.
