Nissan Motor (NSANY) Expected to Announce Quarterly Earnings on Thursday

Nissan Motor (OTCMKTS:NSANY - Get Free Report) will likely be announcing its earnings results on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.30) per share and revenue of $3,442.91 billion for the quarter. Nissan Motor has set its FY 2024 guidance at -0.150--0.150 EPS.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.13. The firm had revenue of $20.74 billion for the quarter, compared to analyst estimates of $19.51 billion. Nissan Motor had a return on equity of 2.74% and a net margin of 0.85%. On average, analysts expect Nissan Motor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nissan Motor Price Performance

Nissan Motor stock traded up $0.04 during mid-day trading on Tuesday, hitting $4.83. 152,537 shares of the company were exchanged, compared to its average volume of 409,494. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.79 and a quick ratio of 1.48. Nissan Motor has a 12-month low of $4.22 and a 12-month high of $7.76. The business's 50 day simple moving average is $5.08 and its two-hundred day simple moving average is $5.32. The company has a market capitalization of $8.97 billion, a P/E ratio of 12.71 and a beta of 0.74.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of Nissan Motor to a "strong sell" rating in a report on Monday, April 14th.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.