Brokers Offer Predictions for Aisin Seiki Co’s Q3 2018 Earnings (ASEKY)
Aisin Seiki Co (OTCMKTS:ASEKY) – Investment analysts at Jefferies Group lowered their Q3 2018 earnings per share estimates for Aisin Seiki in a research report issued to clients and investors on Tuesday. Jefferies Group analyst T. Nakanishi now forecasts that the company will post earnings of $1.14 per share for the quarter, down from their previous forecast of $1.18. Jefferies Group also issued estimates for Aisin Seiki’s Q4 2018 earnings at $1.18 EPS, FY2018 earnings at $4.05 EPS and FY2020 earnings at $5.23 EPS.
Separately, Zacks Investment Research cut Aisin Seiki from a “hold” rating to a “sell” rating in a report on Friday.
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Aisin Seiki Company Profile
Aisin Seiki Co, Ltd. manufactures and sells automotive parts, lifestyle and energy related products, and wellness related products worldwide. It offers drive train related products, such as automatic and manual transmission products, and other products. The company also provides brake systems and master cylinders, ABS and ESC modulators, hydraulic boosters, disc brake calipers, brake pads, discs, high carbon disc rotors, brake assemblies, electric parking brakes, parking brake pedals, and sensors; and actuators, air suspension systems, and power tilt and telescopic steering columns.
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