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.
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.
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