Nabtesco (OTCMKTS:NCTKF) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Key Points

• Nabtesco reported quarterly earnings of $0.19 per share, exceeding the consensus estimate of $0.13 by $0.06.
• The company's revenue for the quarter was $582.31 million, surpassing the expected $567.03 million.
• Nabtesco's stock was trading at $15.54 with a market capitalization of $1.87 billion.

Nabtesco (OTCMKTS:NCTKF - Get Free Report) announced its quarterly earnings results on Thursday. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.06, Zacks reports. Nabtesco had a net margin of 3.35% and a return on equity of 5.01%. The firm had revenue of $582.31 million during the quarter, compared to the consensus estimate of $567.03 million.

Nabtesco Trading Down 1.7%

Shares of OTCMKTS:NCTKF traded down $0.26 during trading on Monday, reaching $15.54. The company's stock had a trading volume of 1 shares, compared to its average volume of 0. The company has a current ratio of 1.90, a quick ratio of 1.42 and a debt-to-equity ratio of 0.04. Nabtesco has a 12 month low of $13.48 and a 12 month high of $19.75. The firm's 50 day simple moving average is $15.80 and its two-hundred day simple moving average is $16.52. The stock has a market capitalization of $1.87 billion and a PE ratio of 19.93.

Nabtesco Company Profile

Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. The company offers precision reduction gears for industrial robots' joints; hydraulic equipment, such as traveling unit for crawlers, control valve for mini excavators, and swing unit for hydraulic excavators; railroad vehicle equipment, such as railroad vehicle brake systems, test equipment, door operating units, brake shoes, seat turning equipment, and snow removal devices; and aircraft equipment comprising flight control actuation systems and high voltage electric power distribution units.