Konica Minolta (OTCMKTS:KNCAY) – Investment analysts at Jefferies Group dropped their FY2018 EPS estimates for shares of Konica Minolta in a research note issued to investors on Tuesday, April 3rd. Jefferies Group analyst M. Nakanomyo now expects that the company will earn $1.22 per share for the year, down from their previous estimate of $1.23. Jefferies Group also issued estimates for Konica Minolta’s FY2019 earnings at $1.19 EPS and FY2020 earnings at $1.34 EPS.
Separately, Zacks Investment Research upgraded shares of Konica Minolta from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a report on Tuesday, January 16th.
TRADEMARK VIOLATION NOTICE: “Konica Minolta (KNCAY) Expected to Earn FY2018 Earnings of $1.22 Per Share” was posted by Ticker Report and is the sole property of of Ticker Report. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be read at https://www.tickerreport.com/banking-finance/3339639/konica-minolta-kncay-expected-to-earn-fy2018-earnings-of-1-22-per-share.html.
About Konica Minolta
Konica Minolta, Inc engages in business technologies, industrial, and healthcare businesses in Japan, the United States, European countries, China, Asia, and internationally. The company develops, manufactures, and sells multi-functional peripherals, laser printers, filing devices, software and peripheral devices, digital color printing systems, digital monochrome printing systems, digital color-proofing systems, computer to plate products, prepress production systems, inkjet printheads, inkjet textile printers, and inkjet inks, as well as print and cloud services.
Receive News & Ratings for Konica Minolta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Konica Minolta and related companies with MarketBeat.com's FREE daily email newsletter.