Jefferies Group Weighs in on Luk Fook Hldgs’ FY2018 Earnings (LKFLF)

Luk Fook Hldgs (OTCMKTS:LKFLF) – Jefferies Group dropped their FY2018 earnings estimates for Luk Fook Hldgs in a report released on Wednesday. Jefferies Group analyst J. Ye now expects that the company will earn $0.25 per share for the year, down from their previous estimate of $0.26. Jefferies Group also issued estimates for Luk Fook Hldgs’ FY2019 earnings at $0.27 EPS.

Separately, Zacks Investment Research lowered shares of Luk Fook Hldgs from a “hold” rating to a “sell” rating in a report on Saturday.

Shares of Luk Fook Hldgs (LKFLF) opened at $3.58 on Friday. Luk Fook Hldgs has a twelve month low of $2.80 and a twelve month high of $4.21.

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