Legrand SA
LR: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|dp | LOCK|kp^X | LOCK|&$Mc!D |
Legrand Earnings: Organic Revenue Growth Decelerates; Shares Fall 10% but Are Still Overvalued
Legrand reported 6.7% organic revenue growth during the third quarter, its slowest rate of growth since the start of the year. Top-line growth continues to be predominantly driven by 24% of revenue earned from data centers. Shares are trading 10% lower intraday.
