Oc Oerlikon Corp (OTCMKTS:OERLF) Forecasted to Post FY2018 Earnings of $0.73 Per Share

Oc Oerlikon Corp (OTCMKTS:OERLF) – Research analysts at Jefferies Group upped their FY2018 earnings per share estimates for shares of Oc Oerlikon in a research note issued to investors on Thursday, according to Zacks Investment Research. Jefferies Group analyst G. Phillips now forecasts that the company will post earnings of $0.73 per share for the year, up from their prior estimate of $0.62. Jefferies Group also issued estimates for Oc Oerlikon’s FY2019 earnings at $0.90 EPS and FY2020 earnings at $0.99 EPS.

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

OERLF stock traded down $1.06 during midday trading on Friday, hitting $17.32. The company’s stock had a trading volume of 1,000 shares, compared to its average volume of 375. Oc Oerlikon has a 52-week low of $11.75 and a 52-week high of $18.60.

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About Oc Oerlikon

OC Oerlikon Corporation AG develops production systems, components, and services for high-technology products worldwide. It operates through Surface Solutions, Manmade Fibers, and Drive Systems segments. The Surface Solutions segment supplies PVD coatings that enhance the performance of tools and precision components; and offers specialized components and surface engineering products and services comprising specialized machining services and components under the Oerlikon Balzers and Oerlikon Metco brand names.

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