FY2019 EPS Estimates for APERAM/SH N Y REGISTRY SH (APEMY) Decreased by Analyst
APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) – Analysts at Jefferies Financial Group dropped their FY2019 earnings per share estimates for APERAM/SH N Y REGISTRY SH in a report released on Tuesday, January 22nd. Jefferies Financial Group analyst S. Rosenfeld now anticipates that the company will post earnings per share of $2.99 for the year, down from their prior estimate of $3.08. Jefferies Financial Group also issued estimates for APERAM/SH N Y REGISTRY SH’s FY2020 earnings at $3.72 EPS.
A number of other brokerages have also recently weighed in on APEMY. ValuEngine upgraded shares of APERAM/SH N Y REGISTRY SH from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 26th. Zacks Investment Research cut shares of APERAM/SH N Y REGISTRY SH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 16th.
APERAM/SH N Y REGISTRY SH (OTCMKTS:APEMY) last posted its earnings results on Tuesday, October 30th. The company reported $1.01 earnings per share (EPS) for the quarter. The firm had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.39 billion. APERAM/SH N Y REGISTRY SH had a net margin of 7.28% and a return on equity of 13.67%.
APERAM/SH N Y REGISTRY SH Company Profile
Aperam SA, together with its subsidiaries, produces and sells stainless and specialty steel products worldwide. The company operates through three segments: Stainless & Electrical Steel; Services & Solutions; and Alloys & Specialties. It offers stainless steel and electrical steel products, including grain oriented, non-grain oriented, and non-grain oriented semi-processed steel products.
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