Monday, 27 November 2017

Jefferies Group Comments on Semiconductor Manufacturing International Corporation’s FY2017 Earnings (NYSE:SMI)

Semiconductor Manufacturing International Corporation (NYSE:SMI) – Analysts at Jefferies Group dropped their FY2017 earnings per share (EPS) estimates for Semiconductor Manufacturing International in a research note issued to investors on Wednesday, Zacks Investment Research reports. Jefferies Group analyst R. Wu now expects that the semiconductor company will earn $0.16 per share for the year, down from their prior forecast of $0.25. Jefferies Group has a “Hold” rating on the stock.

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