Nomura Research Institute (NRILY) to Release Quarterly Earnings on Friday

Key Points

• Nomura Research Institute will report quarterly results on Friday, April 24, with analysts cited by MarketBeat expecting earnings of $31.34 per share and revenue of $227.0004 billion for the quarter; analysts also forecast about $1 EPS for both the current and next fiscal year.
• The stock opened at $30.59 with a market cap of $17.54 billion, a P/E of 24.87 and a 52‑week range of $22.73–$43.20, and carries a consensus analyst rating of Moderate Buy after recent upgrades from Jefferies and Zacks.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) will likely be announcing its resultson Friday, April 24th. Analysts expect the company to announce earnings of $31.34 per share and revenue of $227.0004 billion for the quarter.

Nomura Research Institute (OTCMKTS:NRILY - Get Free Report) last posted its earnings results on Thursday, January 29th. The company reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. Nomura Research Institute had a net margin of 13.17% and a return on equity of 22.45%. The firm had revenue of $1.33 billion for the quarter. On average, analysts expect Nomura Research Institute to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nomura Research Institute Price Performance

NRILY opened at $30.59 on Friday. Nomura Research Institute has a fifty-two week low of $22.73 and a fifty-two week high of $43.20. The firm has a market capitalization of $17.54 billion, a price-to-earnings ratio of 24.87, a PEG ratio of 1.84 and a beta of 0.70. The company's 50 day moving average price is $27.05 and its two-hundred day moving average price is $34.27.

Wall Street Analyst Weigh In

NRILY has been the topic of a number of research reports. Jefferies Financial Group raised shares of Nomura Research Institute from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 18th. Zacks Research upgraded shares of Nomura Research Institute from a "strong sell" rating to a "hold" rating in a research report on Monday, February 16th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy".

About Nomura Research Institute

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.

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