Nikon (OTCMKTS:NINOY) Releases Earnings Results, Beats Estimates By $0.15 EPS

Key Points

• Nikon reported a quarterly earnings per share (EPS) of $0.20, exceeding analyst estimates by $0.15.
• The company had a revenue of $1.07 billion, falling short of expectations of $1.10 billion.
• Nikon's stock price increased by 2.0%, reaching $9.84 during trading hours following the earnings announcement.

Nikon (OTCMKTS:NINOY - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.05 by $0.15, Zacks reports. Nikon had a return on equity of 2.00% and a net margin of 1.85%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.10 billion.

Nikon Trading Down 4.7%

Nikon stock traded down $0.47 during mid-day trading on Wednesday, hitting $9.50. The company's stock had a trading volume of 85 shares, compared to its average volume of 1,656. Nikon has a one year low of $8.50 and a one year high of $13.07. The stock has a market cap of $3.17 billion, a PE ratio of 36.54 and a beta of 0.59. The company has a 50 day moving average of $9.85 and a 200-day moving average of $10.07. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.02 and a current ratio of 2.03.

About Nikon

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.