SMITH(DS) (DITHF) to Post FY2018 Earnings of $0.48 Per Share, Jefferies Group Forecasts
SMITH(DS) (OTCMKTS:DITHF) – Equities researchers at Jefferies Group increased their FY2018 earnings per share estimates for SMITH(DS) in a research report issued on Friday. Jefferies Group analyst J. Jordan now anticipates that the company will post earnings of $0.48 per share for the year, up from their prior estimate of $0.46. Jefferies Group also issued estimates for SMITH(DS)’s FY2019 earnings at $0.56 EPS and FY2020 earnings at $0.59 EPS.
Separately, Zacks Investment Research upgraded SMITH(DS) from a “hold” rating to a “buy” rating and set a $6.00 price objective for the company in a report on Monday, December 4th.
COPYRIGHT VIOLATION NOTICE: This article was reported by Watch List News and is owned by of Watch List News. If you are viewing this article on another website, it was stolen and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this article can be accessed at https://www.watchlistnews.com/smithds-dithf-to-post-fy2018-earnings-of-0-48-per-share-jefferies-group-forecasts/1762195.html.
SMITH(DS) Company Profile
DS Smith Plc designs and manufactures corrugated packaging and plastic packaging for consumer goods worldwide. The company offers 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.
Receive News & Ratings for SMITH(DS) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SMITH(DS) and related companies with MarketBeat.com's FREE daily email newsletter.