Fresenius Medical Care AG
FME: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| v>& | LOCK|%j&@ | LOCK|%d?%^> |
Fresenius Medical Care Earnings: Margin Expansion Boosts 2024 Profit Outlook Toward Top End of Goal
Narrow-moat Fresenius Medical Care turned in strong third-quarter results and narrowed its 2024 profit outlook to the top end of its guidance range. After tinkering with our near-term forecast, we do not anticipate changing our EUR 60/$32 per ADR fair value estimates, which remain above recent trades.
