Jefferies Financial Group Equities Analysts Cut Earnings Estimates for KONICA MINOLTA/ADR (OTCMKTS:KNCAY)

KONICA MINOLTA/ADR (OTCMKTS:KNCAY) – Stock analysts at Jefferies Financial Group reduced their FY2020 earnings per share estimates for KONICA MINOLTA/ADR in a report issued on Wednesday, June 12th. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will post earnings of $1.31 per share for the year, down from their prior estimate of $1.43. Jefferies Financial Group also issued estimates for KONICA MINOLTA/ADR’s FY2021 earnings at $1.44 EPS.

Separately, Zacks Investment Research lowered KONICA MINOLTA/ADR from a “hold” rating to a “sell” rating in a research note on Tuesday, February 19th.

KNCAY opened at $18.83 on Friday. KONICA MINOLTA/ADR has a 52 week low of $17.17 and a 52 week high of $21.32. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.67 and a current ratio of 2.30.


Konica Minolta, Inc engages in business technologies, industrial, and healthcare businesses in Japan, the United States, European countries, China, Asia, and internationally. The company develops, manufactures, and sells multi-functional peripherals, laser printers, filing devices, software and peripheral devices, digital color printing systems, digital color-proofing systems, computer to plate, prepress production systems, digital monochrome printing systems, inkjet printheads, inkjet textile printers, and inkjet inks, as well as print and cloud services.

Read More: Price to Earnings Ratio (PE) Basics

Earnings History and Estimates for KONICA MINOLTA/ADR (OTCMKTS:KNCAY)

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