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NSK (OTCMKTS:NPSKY) Announces Earnings Results, Misses Estimates By $0.05 EPS

NSK logo with Industrials background

Key Points

  • NSK reported $0.03 earnings per share (EPS) for the quarter, falling short of analysts' expectations of $0.08 by $0.05.
  • The company achieved $1.30 billion in revenue, which was below the estimated $1.38 billion.
  • Despite the earnings miss, NSK's stock price remained flat at $9.58 during trading on Friday.
  • Need better tools to track NSK? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

NSK (OTCMKTS:NPSKY - Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.03 EPS for the quarter, missing analysts' consensus estimates of $0.08 by ($0.05), Zacks reports. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.38 billion.

NSK Price Performance

Shares of OTCMKTS:NPSKY traded up $0.22 during mid-day trading on Tuesday, reaching $9.80. 257 shares of the company's stock were exchanged, compared to its average volume of 646. The business's fifty day moving average price is $9.24 and its 200-day moving average price is $8.83. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.11 and a quick ratio of 1.50. NSK has a twelve month low of $7.29 and a twelve month high of $11.20.

NSK Company Profile

(Get Free Report)

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.

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Earnings History for NSK (OTCMKTS:NPSKY)

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