FY2018 EPS Estimates for COSCO SHIPPING/ADR (CICOY) Decreased by Analyst
COSCO SHIPPING/ADR (OTCMKTS:CICOY) – Analysts at Jefferies Financial Group decreased their FY2018 earnings per share estimates for COSCO SHIPPING/ADR in a research report issued on Monday, August 20th. Jefferies Financial Group analyst A. Lee now expects that the company will earn $0.04 per share for the year, down from their prior forecast of $0.05. Jefferies Financial Group also issued estimates for COSCO SHIPPING/ADR’s FY2019 earnings at $0.09 EPS and FY2020 earnings at $0.14 EPS.
Separately, Zacks Investment Research downgraded shares of COSCO SHIPPING/ADR from a “hold” rating to a “sell” rating in a research report on Monday, June 25th.
About COSCO SHIPPING/ADR
COSCO SHIPPING Holdings Co, Ltd., an investment holding company, engages in the container shipping, container terminals, management, and financing businesses worldwide. It offers container transportation, container stack, cargo storage, vessel management and manning, freight forwarding and transportation, liner agency, shipping agency, marine, vessel owning and chartering, and other international sea transportation services.
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