Bodycote PLC to Post FY2018 Earnings of $0.68 Per Share, Jefferies Financial Group Forecasts (BYPLF)
Bodycote PLC (OTCMKTS:BYPLF) – Analysts at Jefferies Financial Group cut their FY2018 earnings estimates for Bodycote in a research report issued on Monday, November 19th. Jefferies Financial Group analyst A. Douglas now expects that the company will post earnings per share of $0.68 for the year, down from their prior forecast of $0.69.
Separately, Zacks Investment Research downgraded Bodycote from a “buy” rating to a “hold” rating in a research report on Wednesday, September 26th.
Bodycote Company Profile
Bodycote plc provides thermal processing services worldwide. The company operates in two business areas, Aerospace, Defence & Energy; and Automotive & General Industrial. It offers heat treatment services, including altering the microstructure of metals and alloys, such as steel and aluminum to impart properties comprising surface hardness, temperature resistance, ductility, and strength; metal joining services consisting of electron beam welding, and vacuum and honeycomb brazing; and Hot isostatic pressing (HIP) services, including HIP product fabrication, isostatic pressing, and HIP supporting services.
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