FY2018 Earnings Estimate for ORIENT O/SEAS INTL (OROVY) Issued By Jefferies Group

ORIENT O/SEAS INTL (OTCMKTS:OROVY) – Equities researchers at Jefferies Group increased their FY2018 earnings per share (EPS) estimates for shares of ORIENT O/SEAS INTL in a note issued to investors on Monday. Jefferies Group analyst A. Lee now forecasts that the company will post earnings of $0.80 per share for the year, up from their previous estimate of $0.70. Jefferies Group also issued estimates for ORIENT O/SEAS INTL’s FY2019 earnings at $1.25 EPS.

Separately, Zacks Investment Research downgraded shares of ORIENT O/SEAS INTL from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 4th.

ORIENT O/SEAS INTL (OTCMKTS OROVY) opened at $47.84 on Wednesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.94 and a quick ratio of 1.86. ORIENT O/SEAS INTL has a 1 year low of $24.96 and a 1 year high of $47.84.

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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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