FY2018 EPS Estimates for Trend Micro Incorporated Lowered by Jefferies Financial Group (TMICY)
Trend Micro Incorporated (OTCMKTS:TMICY) – Investment analysts at Jefferies Financial Group reduced their FY2018 earnings estimates for Trend Micro in a research report issued to clients and investors on Monday, December 3rd. Jefferies Financial Group analyst H. Sato now expects that the technology company will post earnings per share of $1.81 for the year, down from their prior estimate of $1.86.
TMICY has been the topic of several other research reports. Zacks Investment Research downgraded shares of Trend Micro from a “hold” rating to a “sell” rating in a report on Saturday, December 1st. ValuEngine upgraded shares of Trend Micro from a “hold” rating to a “buy” rating in a report on Thursday, November 1st.
About Trend Micro
Trend Micro Incorporated develops and sells security solutions primarily in Japan. The company offers hybrid cloud security solutions, such as data center, cloud, and virtualization security products; network security solutions, including integrated advanced threat prevention and advanced threat detection solutions; user protection solutions comprising endpoint and gateway suites, endpoint security, email security, Web security, SaaS application security, and endpoint detection and response; and support services.
Further Reading: Asset Allocation
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