Jefferies Group Brokers Boost Earnings Estimates for Fast Retailing Co., Ltd. (FRCOY)

Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) – Jefferies Group increased their FY2018 EPS estimates for shares of Fast Retailing in a report issued on Tuesday. Jefferies Group analyst M. Allen now anticipates that the company will earn $1.13 per share for the year, up from their previous forecast of $1.08. Jefferies Group also issued estimates for Fast Retailing’s FY2019 earnings at $1.27 EPS, FY2020 earnings at $1.37 EPS, FY2021 earnings at $1.54 EPS and FY2022 earnings at $1.73 EPS.

Shares of Fast Retailing (OTCMKTS:FRCOY) traded up $0.80 during mid-day trading on Wednesday, reaching $38.57. The company had a trading volume of 25,032 shares, compared to its average volume of 211,675. Fast Retailing has a fifty-two week low of $27.80 and a fifty-two week high of $40.40.

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