Home / Royal Mail / ROYAL MAIL PLC/ADR to Post FY2019 Earnings of $0.51 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:ROYMY)

ROYAL MAIL PLC/ADR to Post FY2019 Earnings of $0.51 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:ROYMY)

ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY) – Jefferies Financial Group issued their FY2019 earnings per share (EPS) estimates for ROYAL MAIL PLC/ADR in a research report issued on Monday, June 3rd, Zacks Investment Research reports. Jefferies Financial Group analyst D. Kerstens anticipates that the company will post earnings of $0.51 per share for the year. Jefferies Financial Group also issued estimates for ROYAL MAIL PLC/ADR’s FY2020 earnings at $0.46 EPS, FY2021 earnings at $0.57 EPS, FY2022 earnings at $0.76 EPS and FY2023 earnings at $0.90 EPS.

Several other research firms have also issued reports on ROYMY. Berenberg Bank upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Monday, April 1st. HSBC lowered ROYAL MAIL PLC/ADR from a “buy” rating to a “hold” rating in a research report on Friday, June 7th. Societe Generale upgraded ROYAL MAIL PLC/ADR from a “sell” rating to a “hold” rating in a research report on Thursday, June 13th. Sanford C. Bernstein upgraded ROYAL MAIL PLC/ADR from a “market perform” rating to an “outperform” rating in a research report on Monday. Finally, Goldman Sachs Group upgraded ROYAL MAIL PLC/ADR from a “neutral” rating to a “buy” rating in a report on Thursday, May 23rd. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. ROYAL MAIL PLC/ADR has a consensus rating of “Hold”.

Shares of ROYAL MAIL PLC/ADR stock traded down $0.02 during trading on Wednesday, hitting $5.22. 46,265 shares of the company were exchanged, compared to its average volume of 40,488. The firm has a market capitalization of $2.56 billion, a P/E ratio of 4.39 and a beta of 1.33. ROYAL MAIL PLC/ADR has a 1-year low of $4.90 and a 1-year high of $13.54.

About ROYAL MAIL PLC/ADR

Royal Mail plc, together with its subsidiaries, operates as an universal postal service provider in the United Kingdom, the United States, and other European countries. It offers parcels and letter delivery services under the Royal Mail and Parcelforce Worldwide brands. The company also provides services for the collection, sorting, and delivery of parcels and letters; and designs and produces stamps and philatelic items, as well as offers media and marketing mail services.

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Earnings History and Estimates for ROYAL MAIL PLC/ADR (OTCMKTS:ROYMY)

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