FENNER (FNERF) to Post FY2018 Earnings of $0.30 Per Share, Jefferies Group Forecasts

FENNER (OTCMKTS:FNERF) – Equities researchers at Jefferies Group increased their FY2018 earnings estimates for shares of FENNER in a report issued on Thursday. Jefferies Group analyst A. Douglas now anticipates that the company will post earnings of $0.30 per share for the year, up from their previous forecast of $0.27. Jefferies Group also issued estimates for FENNER’s FY2019 earnings at $0.36 EPS and FY2020 earnings at $0.41 EPS.

Separately, Zacks Investment Research upgraded shares of FENNER from a “sell” rating to a “hold” rating in a research note on Thursday, December 21st.

FENNER (FNERF) remained flat at $$6.30 during mid-day trading on Friday. FENNER has a 12-month low of $3.43 and a 12-month high of $6.30.

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