Jefferies Group Brokers Reduce Earnings Estimates for Vivendi SA (VIVHY)
Vivendi SA (OTCMKTS:VIVHY) – Analysts at Jefferies Group decreased their FY2018 earnings per share estimates for shares of Vivendi in a report issued on Tuesday. Jefferies Group analyst J. Dellis now expects that the utilities provider will post earnings of $1.19 per share for the year, down from their prior forecast of $1.33.
A number of other research firms also recently commented on VIVHY. Zacks Investment Research downgraded Vivendi from a “hold” rating to a “sell” rating in a report on Wednesday, November 22nd. JPMorgan Chase & Co. raised shares of Vivendi to a “buy” rating in a research report on Monday, November 13th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $28.00.
Vivendi (OTCMKTS:VIVHY) last released its quarterly earnings data on Thursday, November 16th. The utilities provider reported $0.26 EPS for the quarter. Vivendi had a return on equity of 3.88% and a net margin of 4.16%.
Vivendi Company Profile
Vivendi SA is a France-based company engaged in media and content businesses. It operates businesses throughout the media value chain, from talent discovery to the creation, production and distribution of content. It operates through several segments. Its Universal Music Group segment is engaged in the sale of recorded music, exploitation of music publishing rights, as well as artist services and merchandising.
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