NSK (OTCMKTS:NPSKY) Issues Earnings Results

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.

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

NSK Price Performance

NPSKY remained flat at $9.58 during trading on Friday. The stock's fifty day moving average is $9.22 and its 200-day moving average is $8.82. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.50 and a current ratio of 2.11. NSK has a twelve month low of $7.29 and a twelve month high of $11.20.

NSK Company Profile

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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