Campari Group (OTC:DVDCY) – Equities research analysts at Jefferies Group lowered their FY2017 earnings estimates for Campari Group in a report issued on Tuesday. Jefferies Group analyst E. Mundy now expects that the company will post earnings per share of $0.24 for the year, down from their previous estimate of $0.25. Jefferies Group also issued estimates for Campari Group’s FY2019 earnings at $0.27 EPS.
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Campari Group (DVDCY) remained flat at $7.63 during mid-day trading on Wednesday. The stock has a market capitalization of $8.84 billion and a P/E ratio of 36.68. The company’s 50 day moving average price is $7.32 and its 200 day moving average price is $6.83. Campari Group has a 12-month low of $4.49 and a 12-month high of $7.73.
About Campari Group
Davide Campari Milano SpA is an Italy-based company engaged in the beverage industry. It manufactures and distributes alcoholic and non-alcoholic beverages. The Company‘s business activities are divided into three segments. The Spirits segment comprises such internationally renowned brands as Campari, Wild Turkey, Old Smuggler, SKYY Vodka, Cynar and Grand Marnier, as well as local market brands, including Aperol, Cabo Wabo, Campari Soda, GlenGrant, Ouzo 12, and Brazilian brands Dreher, Old Eight and Drury’s, among others.
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