Nintendo (NTDOY) Projected to Post Earnings on Tuesday

Key Points

• Nintendo is expected to report quarterly results before the market opens on Tuesday, February 3, with analysts projecting EPS of $0.24 and revenue of $837.8052 billion for the quarter.
• In the prior quarter (reported Nov. 4) Nintendo posted EPS of $0.15, beating estimates of $0.08, and reported a net margin of 21.10% and a return on equity of 12.26%.
• Shares opened at $16.90 with a market cap of $87.79 billion and a P/E of 31.89, and analysts' consensus rating is Buy (2 Strong Buy, 2 Buy, 2 Hold).

Nintendo (OTCMKTS:NTDOY - Get Free Report) will likely be announcing its results before the market opens on Tuesday, February 3rd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $837.8052 billion for the quarter.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. Nintendo had a return on equity of 12.26% and a net margin of 21.10%.The company had revenue of $3.42 billion for the quarter, compared to analyst estimates of $464.35 billion. On average, analysts expect Nintendo to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nintendo Trading Up 1.4%

Shares of Nintendo stock opened at $16.90 on Tuesday. The company has a market capitalization of $87.79 billion, a P/E ratio of 31.89 and a beta of 0.58. The stock has a fifty day simple moving average of $18.12 and a 200 day simple moving average of $20.72. Nintendo has a 12-month low of $15.25 and a 12-month high of $24.92.

Analysts Set New Price Targets

Several research firms have recently issued reports on NTDOY. Wolfe Research upgraded shares of Nintendo from an "underperform" rating to a "peer perform" rating in a research note on Thursday, January 22nd. Freedom Capital raised shares of Nintendo from a "hold" rating to a "strong-buy" rating in a research report on Monday, December 22nd. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Nintendo presently has a consensus rating of "Buy".

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo's business spans console and handheld hardware, first-party software titles, digital services and licensing.

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