DS Smith plc Forecasted to Post FY2020 Earnings of $0.48 Per Share (DITHF)

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DS Smith plc (OTCMKTS:DITHF) – Equities research analysts at Jefferies Financial Group dropped their FY2020 earnings estimates for DS Smith in a research report issued on Wednesday, March 13th. Jefferies Financial Group analyst C. Hathorn now anticipates that the company will post earnings per share of $0.48 for the year, down from their previous estimate of $0.50. Jefferies Financial Group also issued estimates for DS Smith’s FY2021 earnings at $0.50 EPS.

Separately, Zacks Investment Research lowered shares of DS Smith from a “hold” rating to a “sell” rating in a report on Monday, December 10th.

DS Smith stock opened at $4.61 on Friday. DS Smith has a 1-year low of $3.75 and a 1-year high of $6.68.

About DS Smith

DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods. It provides transit and transport, consumer, retail and shelf ready, online and e-retail, industrial, hazardous, multi-material, inserts and cushioning, and electrostatic discharge packaging products, as well as wrap arounds, trays, and bag-in-boxes; displays and promotional packaging products; corrugated pallets; Sheetfeeding products; packaging machine systems; and Sizzlepak, a stuffing material made of paper, folded in a zigzag shape, and cut into narrow strips, as well as provides packaging consultancy services.

Further Reading: Cost of Debt

Earnings History and Estimates for DS Smith (OTCMKTS:DITHF)

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