FY2022 EPS Estimates for Travis Perkins plc Lowered by Analyst (OTCMKTS:TVPKF)

Travis Perkins plc (OTCMKTS:TVPKF – Get Rating) – Investment analysts at Jefferies Financial Group dropped their FY2022 earnings per share estimates for Travis Perkins in a report issued on Wednesday, May 4th. Jefferies Financial Group analyst P. Woolf now anticipates that the company will post earnings of $1.52 per share for the year, down from their prior estimate of $1.56. Jefferies Financial Group also issued estimates for Travis Perkins’ FY2023 earnings at $1.53 EPS, FY2024 earnings at $1.67 EPS and FY2025 earnings at $1.81 EPS.

Separately, Zacks Investment Research downgraded shares of Travis Perkins from a “buy” rating to a “hold” rating in a research note on Saturday, March 26th.

Shares of TVPKF opened at $22.70 on Friday. Travis Perkins has a twelve month low of $21.08 and a twelve month high of $22.97. The company’s fifty day simple moving average is $22.70 and its 200-day simple moving average is $21.73.

About Travis Perkins (Get Rating)

Travis Perkins plc distributes building materials to the building, construction, and home improvement markets in the United Kingdom. It operates through, Merchanting, and Toolstation segments. The Merchanting segment distributes interior building products, which include drywalls, ceilings, external envelopes, fire protection products, flooring and partitioning products, and tools and accessories to professionals within the construction industry; civil, drainage, and heavy building materials to specialist contractors and trade professionals; and pipeline and heating solutions.

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