Nippon Steel (OTCMKTS:NPSCY) Posts Quarterly Earnings Results, Misses Estimates By $0.04 EPS

Nippon Steel (OTCMKTS:NPSCY - Get Free Report) posted its quarterly earnings data on Friday. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.04), Zacks reports. Nippon Steel had a return on equity of 8.17% and a net margin of 5.34%. The firm had revenue of $14.78 billion for the quarter, compared to analysts' expectations of $14.19 billion.

Nippon Steel Stock Up 3.1%

Shares of NPSCY stock traded up $0.20 during mid-day trading on Tuesday, hitting $6.55. The stock had a trading volume of 196,902 shares, compared to its average volume of 132,972. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.93 and a quick ratio of 1.03. Nippon Steel has a 12-month low of $6.11 and a 12-month high of $8.00. The firm's 50-day moving average is $7.14 and its two-hundred day moving average is $6.97. The firm has a market capitalization of $21.12 billion, a P/E ratio of 6.68 and a beta of 0.83.

About Nippon Steel

Nippon Steel Corporation engages in steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions businesses in Japan and internationally. The company offers steel plates, sheets, and slags; bar and rod materials; structural steel; pipes and tubes; titanium and stainless products; and railway, automotive, and machinery parts for applications in automotive, energy, infrastructure, and consumer electronics markets.