Equities Analysts Cut Earnings Estimates for Key Energy Services Inc (NYSE:KEG)
Key Energy Services Inc (NYSE:KEG) – Investment analysts at Piper Jaffray Companies lowered their Q2 2019 EPS estimates for shares of Key Energy Services in a research note issued on Monday, May 13th, Zacks Investment Research reports. Piper Jaffray Companies analyst J. Daniel now expects that the oil and gas company will post earnings of ($0.80) per share for the quarter, down from their prior forecast of ($0.73). Piper Jaffray Companies currently has a “Hold” rating and a $3.00 target price on the stock. Piper Jaffray Companies also issued estimates for Key Energy Services’ Q3 2019 earnings at ($0.65) EPS, Q4 2019 earnings at ($0.79) EPS, FY2019 earnings at ($3.39) EPS, Q1 2020 earnings at ($0.61) EPS, Q2 2020 earnings at ($0.37) EPS, Q3 2020 earnings at ($0.21) EPS, Q4 2020 earnings at ($0.26) EPS and FY2020 earnings at ($1.45) EPS.