Jefferies Group Weighs in on Heineken NV’s FY2017 Earnings (HEINY)

Heineken NV (OTC:HEINY) – Equities research analysts at Jefferies Group cut their FY2017 EPS estimates for Heineken NV in a note issued to investors on Wednesday. Jefferies Group analyst E. Mundy now expects that the company will post earnings of $2.26 per share for the year, down from their prior estimate of $2.33. Jefferies Group also issued estimates for Heineken NV’s FY2018 earnings at $2.46 EPS and FY2019 earnings at $2.70 EPS.

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Heineken NV (OTC:HEINY) opened at 47.97 on Friday. The stock’s 50 day moving average price is $50.64 and its 200-day moving average price is $49.25. The company has a market capitalization of $27.34 billion, a P/E ratio of 12.48 and a beta of 0.89. Heineken NV has a 12 month low of $36.02 and a 12 month high of $53.35.

About Heineken NV

Heineken N.V. engages in brewing and selling beer. The company operates through Africa, Middle East & Eastern Europe; Americas; Asia Pacific; and Europe segments. It offers beer, cider, soft drinks, and other beverages. The company offers its beers under the Heineken, Amstel, Desperados, Sol, Affligem, Tiger, Tecate, Krusovice, and Red Stripe brands, as well as under various other regional and local brands; and cider under the Strongbow Apple Ciders, Blind Pig, Stassen, Bulmers, Old Mout, and Orchard Thieves brands.

Earnings History and Estimates for Heineken NV (OTC:HEINY)

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