FY2022 EPS Estimates for Olympus Co. Lowered by Jefferies Financial Group (OTCMKTS:OCPNY)

Olympus Co. (OTCMKTS:OCPNY) – Stock analysts at Jefferies Financial Group decreased their FY2022 earnings estimates for shares of Olympus in a research report issued to clients and investors on Tuesday, January 11th. Jefferies Financial Group analyst M. Nakanomyo now expects that the company will post earnings per share of $0.75 for the year, down from their prior estimate of $0.76.

Separately, Zacks Investment Research cut shares of Olympus from a “buy” rating to a “hold” rating in a research report on Friday.

Shares of OCPNY opened at $20.43 on Friday. Olympus has a 1-year low of $18.12 and a 1-year high of $24.26. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.92 and a quick ratio of 1.34. The firm has a fifty day moving average price of $22.37 and a 200 day moving average price of $21.52.

Olympus (OTCMKTS:OCPNY) last announced its quarterly earnings results on Friday, November 5th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.12. The company had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.85 billion.

Olympus Company Profile

Olympus Corp. engages in the manufacture and sale of precision machineries and instruments. It operates through the following segments: Medical, Scientific Solutions, Imaging, and Others. The Medical segment covers digestive, surgical, and ultrasonic endoscopy as well as endoscopic treatment tools. The Scientific Solutions segment manufactures and sells biological and industrial microscopes, industrial endoscopes, and non-destructive testing equipment.

See Also: What is an economic bubble?

Earnings History and Estimates for Olympus (OTCMKTS:OCPNY)

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