Nidec (NJDCY) Projected to Post Quarterly Earnings on Tuesday

Nidec (OTCMKTS:NJDCY - Get Free Report) will likely be issuing its quarterly earnings data on Tuesday, July 22nd. Analysts expect the company to announce earnings of $0.07 per share and revenue of $647.61 billion for the quarter.

Nidec (OTCMKTS:NJDCY - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The industrial goods maker reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by ($0.03). Nidec had a return on equity of 9.56% and a net margin of 6.41%. The firm had revenue of $4.64 billion during the quarter, compared to analyst estimates of $650.52 billion. On average, analysts expect Nidec to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nidec Stock Performance

Shares of Nidec stock opened at $4.55 on Tuesday. Nidec has a one year low of $3.18 and a one year high of $5.84. The company has a market cap of $43.41 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 0.71 and a beta of 1.12. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.00 and a current ratio of 1.53. The business's 50 day moving average price is $4.83 and its 200 day moving average price is $4.47.

Nidec Company Profile

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.

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