ATLAS COPCO AB/S (ATLKY) Expected to Post FY2019 Earnings of $1.54 Per Share
ATLAS COPCO AB/S (OTCMKTS:ATLKY) – Equities research analysts at Jefferies Financial Group decreased their FY2019 earnings per share (EPS) estimates for ATLAS COPCO AB/S in a note issued to investors on Thursday, May 16th. Jefferies Financial Group analyst G. Phillips now forecasts that the industrial products company will post earnings per share of $1.54 for the year, down from their previous forecast of $1.55. Jefferies Financial Group also issued estimates for ATLAS COPCO AB/S’s FY2020 earnings at $1.65 EPS.
Other research analysts have also recently issued research reports about the stock. HSBC reiterated a “hold” rating on shares of ATLAS COPCO AB/S in a report on Monday, April 15th. Zacks Investment Research cut shares of ATLAS COPCO AB/S from a “buy” rating to a “hold” rating in a report on Tuesday, April 2nd. ValuEngine upgraded shares of ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a report on Monday, April 1st. Finally, William Blair reiterated a “market perform” rating on shares of ATLAS COPCO AB/S in a report on Tuesday, January 29th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of “Hold”.
About ATLAS COPCO AB/S
Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.
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