Brokers Set Expectations for Carrefour Sa’s FY2017 Earnings (CRRFY)

Carrefour Sa (OTCMKTS:CRRFY) – Investment analysts at Jefferies Group issued their FY2017 EPS estimates for shares of Carrefour in a report issued on Thursday. Jefferies Group analyst J. Grzinic anticipates that the company will post earnings of $0.27 per share for the year. Jefferies Group also issued estimates for Carrefour’s FY2018 earnings at $0.27 EPS and FY2019 earnings at $0.31 EPS.

Separately, Zacks Investment Research downgraded Carrefour from a “hold” rating to a “sell” rating in a report on Friday. Three investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. Carrefour has a consensus rating of “Hold” and an average target price of $5.50.

Shares of Carrefour (OTCMKTS CRRFY) opened at $4.55 on Monday. The company has a current ratio of 0.74, a quick ratio of 0.44 and a debt-to-equity ratio of 0.58. Carrefour has a 52-week low of $3.79 and a 52-week high of $5.36.

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Carrefour Company Profile

Carrefour SA operates as a multi-local, multi-format, multi-channel retailer primarily in France, Spain, Italy, Belgium, Poland, Romania, Brazil, Argentina, China, and Taiwan. The company operates hypermarkets, supermarkets, convenience stores, cash and carry stores, and hypercash stores; e-commerce Websites, as well as m-commerce channels; and service stations.

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