WOLTF - Wolters Kluwer: Mixed Takeaways From Financial Disclosures And Management Commentary
2024-05-16 09:00:00 ET
Summary
- Wolters Kluwer's 2024 earnings could surprise on the upside in a high-for-longer rate environment.
- The company's lower-margin segments, Legal & Regulatory and Corporate Performance & ESG, might take some time to improve profitability.
- A Hold rating for WOLTF is maintained, considering mixed read-throughs from the company's disclosures and commentary.
Elevator Pitch
I rate Wolters Kluwer N.V. ( OTCPK:WOLTF ) ( OTCPK:WTKWY ) [WKL:NA] stock as a Hold. My prior February 29, 2024 article touched on the company's fiscal 2024 guidance relating to bottom line growth and capital allocation....
Wolters Kluwer: Mixed Takeaways From Financial Disclosures And Management Commentary