COBHAM Expected to Post FY2017 Earnings of $0.18 Per Share (CBHMY)
COBHAM (OTCMKTS:CBHMY) – Jefferies Group cut their FY2017 earnings per share estimates for shares of COBHAM in a research note issued to investors on Tuesday. Jefferies Group analyst S. Morris now expects that the company will post earnings of $0.18 per share for the year, down from their previous forecast of $0.19. Jefferies Group also issued estimates for COBHAM’s FY2018 earnings at $0.16 EPS.
Separately, Zacks Investment Research downgraded shares of COBHAM from a “hold” rating to a “sell” rating in a research report on Wednesday.
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Cobham plc provides a range of technologies and services to commercial, defense, and security markets in the United Kingdom, the United States, Other European countries, Australia, andinternationally. The company operates in four segments: Communications and Connectivity, Mission Systems, Advanced Electronic Solutions, and Aviation Services.
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