Jefferies Financial Group Weighs in on ACERINOX SA/ADR’s FY2018 Earnings (ANIOY)
ACERINOX SA/ADR (OTCMKTS:ANIOY) – Equities researchers at Jefferies Financial Group cut their FY2018 earnings estimates for ACERINOX SA/ADR in a report released on Monday, October 15th. Jefferies Financial Group analyst S. Rosenfeld now expects that the company will post earnings per share of $0.59 for the year, down from their previous forecast of $0.61. Jefferies Financial Group also issued estimates for ACERINOX SA/ADR’s FY2019 earnings at $0.64 EPS and FY2020 earnings at $0.73 EPS.
ANIOY has been the topic of a number of other reports. Zacks Investment Research upgraded shares of ACERINOX SA/ADR from a “sell” rating to a “hold” rating in a report on Wednesday, June 27th. ValuEngine lowered shares of ACERINOX SA/ADR from a “hold” rating to a “sell” rating in a report on Wednesday, June 27th.
ACERINOX SA/ADR (OTCMKTS:ANIOY) last released its earnings results on Wednesday, August 1st. The company reported $0.17 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.03. The company had revenue of $1.59 billion for the quarter. ACERINOX SA/ADR had a net margin of 4.65% and a return on equity of 11.44%.
About ACERINOX SA/ADR
Acerinox, SA, through its subsidiaries, manufactures, transforms, and markets stainless steel products worldwide. The company operates through Flat Stainless Steel Products, Long Stainless Steel Products, and Other segments. Its flat stainless steel products include billets, black coils, circles, cold rolled coils and sheets, engraved coils/sheets, flat bars, hot rolled coils and sheets, plates, and slabs.
Featured Article: Understanding Average Daily Trade Volume
Receive News & Ratings for ACERINOX SA/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ACERINOX SA/ADR and related companies with MarketBeat.com's FREE daily email newsletter.