Schaeffler Ag (SCFLF) Forecasted to Earn FY2020 Earnings of $2.30 Per Share

Schaeffler Ag (OTCMKTS:SCFLF) – Equities research analysts at Jefferies Group boosted their FY2020 earnings per share estimates for shares of Schaeffler in a report issued on Monday. Jefferies Group analyst A. Kurian now expects that the company will post earnings of $2.30 per share for the year, up from their prior estimate of $2.28.

Separately, Zacks Investment Research cut Schaeffler from a “buy” rating to a “hold” rating in a research report on Wednesday, February 7th.

Shares of Schaeffler (SCFLF) traded down $0.04 on Wednesday, hitting $16.20. The stock had a trading volume of 400 shares, compared to its average volume of 19,200. Schaeffler has a 12-month low of $15.85 and a 12-month high of $20.25.

COPYRIGHT VIOLATION NOTICE: “Schaeffler Ag (SCFLF) Forecasted to Earn FY2020 Earnings of $2.30 Per Share” was first published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are reading this article on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright legislation. The correct version of this article can be accessed at

Schaeffler Company Profile

Schaeffler AG manufactures and sells precision components and systems for automotive and industrial industries in Germany and internationally. Its Automotive segment offers components and systems for engines, such as rolling bearing solutions, products for belt and chain drives, valve train components, and systems for variable valve trains; transmissions, including torsion and vibration dampers, clutches and double clutch systems, torque converters, CVT components, bearing solutions, and synchronizing and gearshift components; and chassis components comprising wheel bearings, bearing solutions, steering components, electromechanical actuators for roll stabilizers, and power-assisted steering systems.

Receive News & Ratings for Schaeffler Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schaeffler and related companies with's FREE daily email newsletter.

Leave a Reply