Recordati Forecasted to Post FY2017 Earnings of $1.83 Per Share (RCDTF)

Recordati (OTCMKTS:RCDTF) – Research analysts at Jefferies Group increased their FY2017 earnings estimates for shares of Recordati in a report released on Wednesday. Jefferies Group analyst J. Vane-Tempest now anticipates that the company will post earnings per share of $1.83 for the year, up from their previous forecast of $1.67. Jefferies Group also issued estimates for Recordati’s FY2018 earnings at $2.06 EPS and FY2022 earnings at $2.66 EPS.

Shares of Recordati (OTCMKTS:RCDTF) opened at $42.00 on Thursday. The company has a market cap of $8,780.00 and a price-to-earnings ratio of 30.66. Recordati has a 12 month low of $31.70 and a 12 month high of $42.00.

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