Jefferies Financial Group Equities Analysts Cut Earnings Estimates for Pacific Basin Shipping Limited (OTCMKTS:PCFBY)

Pacific Basin Shipping Limited (OTCMKTS:PCFBYGet Rating) – Jefferies Financial Group cut their FY2024 earnings estimates for Pacific Basin Shipping in a research report issued on Thursday, July 28th. Jefferies Financial Group analyst A. Lee now forecasts that the company will post earnings of $3.40 per share for the year, down from their prior forecast of $3.60. The consensus estimate for Pacific Basin Shipping’s current full-year earnings is $3.41 per share.

Pacific Basin Shipping Trading Up 4.2 %

OTCMKTS PCFBY opened at $9.12 on Monday. The company has a 50 day moving average price of $8.79 and a two-hundred day moving average price of $9.51. Pacific Basin Shipping has a 12-month low of $6.68 and a 12-month high of $12.53.

Pacific Basin Shipping Company Profile

(Get Rating)

Pacific Basin Shipping Limited, an investment holding company, provides dry bulk shipping services worldwide. It also offers shipping consulting, ocean shipping, crewing, secretarial, and agency and ship management services; and engages in the vessel owning and chartering, and convertible bonds issuing activities.

See Also

Earnings History and Estimates for Pacific Basin Shipping (OTCMKTS:PCFBY)

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