Jefferies Group Research Analysts Boost Earnings Estimates for Oriental Land Co (OLCLY)
Oriental Land Co (OTCMKTS:OLCLY) – Analysts at Jefferies Group raised their FY2019 EPS estimates for shares of Oriental Land in a research report issued to clients and investors on Wednesday. Jefferies Group analyst S. Takeuchi now forecasts that the company will post earnings of $0.56 per share for the year, up from their prior estimate of $0.54. Jefferies Group also issued estimates for Oriental Land’s FY2020 earnings at $0.57 EPS and FY2021 earnings at $0.70 EPS.
Separately, Zacks Investment Research cut shares of Oriental Land from a “buy” rating to a “hold” rating in a research report on Wednesday.
About Oriental Land
Oriental Land Co, Ltd. operates and manages theme parks and hotels in Japan. It operates through Theme Park, Hotel Business, and Other Business segments. The Theme Park segment operates and manages Tokyo Disneyland and Tokyo DisneySea theme Parks. The Hotel Business segment operates and manages Tokyo Disneyland Hotel, Tokyo DisneySea Hotel MiraCosta, Disney Ambassador Hotel, Tokyo Disney Celebration Hotel, Shin-Urayasu Brighton Hotel, and Kyoto Brighton Hotel.
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