FY2019 EPS Estimates for SES SA (SGBAF) Decreased by Jefferies Financial Group
SES SA (OTCMKTS:SGBAF) – Equities research analysts at Jefferies Financial Group cut their FY2019 earnings per share (EPS) estimates for SES in a research report issued to clients and investors on Thursday, March 21st. Jefferies Financial Group analyst G. Thorne now forecasts that the company will earn $0.64 per share for the year, down from their prior estimate of $0.87.
Separately, ValuEngine downgraded shares of SES from a “buy” rating to a “hold” rating in a report on Tuesday, March 5th.
SES Company Profile
SES SA provides satellite and ground communication solutions to connect and enable broadcast, telecom, corporate, and government customers worldwide. It offers video services, such as broadcasting, content distribution, and occasional use and full-time content contribution and distribution services. The company also provides cloud-scale connectivity solutions; satellite-enabled communications and network services for mobile and broadband customers; network infrastructure and services, and mobile backhaul solutions for telecom and mobile network operators; broadband connectivity solutions to maritime customers; satellite-enabled mobility solutions; network connection solutions to data, assets, and people for oil and gas, mining, hydro, and wind and solar energy companies; and critical connectivity solutions for defense, civil, and humanitarian operations.
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