Konica Minolta, Inc. (OTCMKTS:KNCAY) – Investment analysts at Jefferies Financial Group reduced their FY2022 EPS estimates for shares of Konica Minolta in a research report issued to clients and investors on Tuesday, January 11th. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will post earnings of ($0.01) per share for the year, down from their prior forecast of $0.06.
Several other equities analysts have also recently weighed in on the company. Zacks Investment Research cut Konica Minolta from a “hold” rating to a “sell” rating in a report on Wednesday, December 29th. Mizuho cut Konica Minolta from a “buy” rating to a “neutral” rating in a report on Friday, November 19th.
Konica Minolta Company Profile
Konica Minolta, Inc engages in the development, manufacture, and sale of multi-functional peripherals (MFPs), printers, electronic materials, and equipment for healthcare systems and industries. It operates through the following segments: Office Business, Professional Print Business, Healthcare Business, Industrial Business, and Others.
Further Reading: Quiet Period Expirations Explained
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