FY2020 EPS Estimates for British Sky Broadcasting Group PLC Decreased by Jefferies Group (SKYAY)

British Sky Broadcasting Group PLC (OTC:SKYAY) – Investment analysts at Jefferies Group cut their FY2020 earnings per share estimates for British Sky Broadcasting Group PLC in a research note issued on Wednesday. Jefferies Group analyst J. Dellis now expects that the company will earn $3.77 per share for the year, down from their prior estimate of $3.94. Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for British Sky Broadcasting Group PLC’s FY2021 earnings at $4.50 EPS and FY2022 earnings at $5.24 EPS.

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British Sky Broadcasting Group PLC (SKYAY) traded down 0.38% during midday trading on Thursday, reaching $49.41. The company’s stock had a trading volume of 4,139 shares. The firm’s 50-day moving average price is $50.56 and its 200-day moving average price is $50.07. British Sky Broadcasting Group PLC has a 52 week low of $37.23 and a 52 week high of $52.91. The stock has a market capitalization of $21.14 billion, a PE ratio of 23.39 and a beta of 0.97.

About British Sky Broadcasting Group PLC

Sky plc is an entertainment and communications company. The Company is engaged in operation of pay television broadcasting and home communications services, including provision of broadband and telephone operations. It operates through three segments: UK and Ireland, which includes activities and operations of the pay television, home communications and adjacent businesses in the United Kingdom and Ireland; Germany and Austria, which includes activities and operations of the pay television and adjacent businesses in Germany and Austria, and Italy, which includes activities and operations of the pay television and adjacent businesses in Italy.

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