Jefferies Group Equities Analysts Boost Earnings Estimates for Fast Retailing Co., Ltd. (FRCOY)
Fast Retailing Co., Ltd. (OTCMKTS:FRCOY) – Research analysts at Jefferies Group increased their FY2018 earnings per share estimates for shares of Fast Retailing in a research note issued on Tuesday. Jefferies Group analyst M. Allen now expects that the company will post earnings per share of $1.13 for the year, up from their prior estimate of $1.08. Jefferies Group also issued estimates for Fast Retailing’s FY2019 earnings at $1.27 EPS, FY2020 earnings at $1.37 EPS, FY2021 earnings at $1.54 EPS and FY2022 earnings at $1.73 EPS.
Fast Retailing (FRCOY) traded down $1.62 during mid-day trading on Wednesday, hitting $37.88. 12,564 shares of the company were exchanged, compared to its average volume of 211,675. Fast Retailing has a 52-week low of $27.80 and a 52-week high of $40.40.
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