Jefferies Group Equities Analysts Cut Earnings Estimates for Orient Overseas (International) Limited (OROVY)

Orient Overseas (International) Limited (OTCMKTS:OROVY) – Investment analysts at Jefferies Group dropped their FY2018 EPS estimates for Orient Overseas (International) in a research note issued to investors on Wednesday, May 16th. Jefferies Group analyst A. Lee now expects that the company will post earnings of $0.40 per share for the year, down from their previous estimate of $0.80. Jefferies Group also issued estimates for Orient Overseas (International)’s FY2019 earnings at $0.75 EPS.

Separately, Zacks Investment Research downgraded Orient Overseas (International) from a “buy” rating to a “hold” rating in a report on Tuesday.

Shares of Orient Overseas (International) opened at $47.84 on Friday, according to MarketBeat. Orient Overseas has a one year low of $24.96 and a one year high of $47.84. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.15 and a quick ratio of 2.07.

Orient Overseas (International) Company Profile

Orient Overseas (International) Limited, an investment holding company, provides container transportation and logistics services worldwide. The company offers trunk and intermodal services; freight management services and IT solutions; supply-chain management and distribution services; and containerized shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.

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