SJM Holdings Limited to Post FY2023 Earnings of $0.05 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:SJMHF)

SJM Holdings Limited (OTCMKTS:SJMHF – Get Rating) – Equities research analysts at Jefferies Financial Group decreased their FY2023 earnings per share (EPS) estimates for SJM in a note issued to investors on Tuesday, May 3rd. Jefferies Financial Group analyst A. Lee now forecasts that the company will post earnings per share of $0.05 for the year, down from their previous forecast of $0.06. Jefferies Financial Group also issued estimates for SJM’s FY2024 earnings at $0.08 EPS.

Separately, Zacks Investment Research upgraded shares of SJM from a “sell” rating to a “hold” rating in a report on Wednesday, April 27th.

OTCMKTS:SJMHF opened at $0.41 on Thursday. The company’s 50 day moving average price is $0.48 and its 200-day moving average price is $0.62. SJM has a 52 week low of $0.38 and a 52 week high of $1.27.

Source: https://www.defenseworld.net/2022/05/05/sjm-holdings-limited-to-post-fy2023-earnings-of-0-05-per-share-jefferies-financial-group-forecasts-otcmktssjmhf.html