OMV AG (OTCMKTS:OMVJF) – Stock analysts at Jefferies Financial Group decreased their Q2 2019 earnings estimates for OMV in a report released on Monday, May 6th, Zacks Investment Research reports. Jefferies Financial Group analyst J. Gammel now forecasts that the company will earn $1.19 per share for the quarter, down from their prior estimate of $1.22. Jefferies Financial Group also issued estimates for OMV’s Q4 2019 earnings at $1.55 EPS, FY2019 earnings at $5.21 EPS, Q1 2020 earnings at $1.36 EPS, Q2 2020 earnings at $1.34 EPS, Q3 2020 earnings at $1.41 EPS, Q4 2020 earnings at $2.03 EPS and FY2021 earnings at $7.56 EPS.
Separately, Zacks Investment Research cut shares of OMV from a “hold” rating to a “sell” rating in a research note on Friday, May 10th.
OMV Company Profile
OMV Aktiengesellschaft operates as an integrated oil and gas company. The company operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Central and Eastern Europe, North Sea, Russia, the Middle East and Africa, and the Asia- Pacific.
Further Reading: Why are analyst ratings important in trading stocks?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for OMV Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OMV and related companies with MarketBeat.com's FREE daily email newsletter.