FY2019 EPS Estimates for United Internet AG Reduced by Jefferies Financial Group (OTCMKTS:UDIRF)

United Internet AG (OTCMKTS:UDIRF) – Equities researchers at Jefferies Financial Group decreased their FY2019 EPS estimates for United Internet in a research report issued to clients and investors on Wednesday, June 5th, Zacks Investment Research reports. Jefferies Financial Group analyst U. Rathe now expects that the company will earn $3.25 per share for the year, down from their previous estimate of $3.26. Jefferies Financial Group also issued estimates for United Internet’s FY2021 earnings at $3.84 EPS.

Separately, Credit Suisse Group initiated coverage on United Internet in a research note on Friday. They set a “neutral” rating for the company.

Shares of OTCMKTS:UDIRF remained flat at $$32.90 during midday trading on Thursday. The company had a trading volume of 200 shares, compared to its average volume of 342. United Internet has a 12-month low of $32.90 and a 12-month high of $50.68. The stock has a fifty day moving average price of $37.74.

About United Internet

United Internet AG, through its subsidiaries, operates as an Internet service provider. It operates through four segment: Consumer Access, Business Access, Consumer Applications, and Business Applications. The company offers broadband and mobile access products, including home networks, online storage, telephony, video-on-demand, or IPTV; and data and network solutions for small and medium-sized enterprises, as well as infrastructure services for large corporations.

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