Nissan Motor (NSANY) Expected to Post Quarterly Earnings on Wednesday

Key Points

• Nissan is expected to report quarterly results after Wednesday’s market close, with analysts forecasting earnings of $0.0336 per share and revenue of $19.53 billion.
• In its prior quarter, Nissan earned $0.04 per share and generated $18.93 billion in revenue, beating analyst estimates for both. Analysts project full-year EPS of $0.04 this fiscal year and $0.31 next year.
• Nissan shares opened at $3.38, near their 12-month low of $3.35; analysts’ average rating is Hold.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) will likely be issuing its results after the market closes on Wednesday, November 11th. Analysts expect the company to post earnings of $0.0336 per share and revenue of $19.53 billion for the quarter.

Nissan Motor (OTCMKTS:NSANY - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.14) by $0.18. Nissan Motor had a negative net margin of 3.38% and a negative return on equity of 5.50%. The company had revenue of $18.93 billion during the quarter, compared to the consensus estimate of $18.81 billion. On average, analysts expect Nissan Motor to post $0.04 EPS for the current fiscal year and $0.31 EPS for the next fiscal year.

Nissan Motor Stock Performance

OTCMKTS:NSANY opened at $3.38 on Wednesday. Nissan Motor has a twelve month low of $3.35 and a twelve month high of $6.06. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.33 and a current ratio of 1.54. The company has a 50-day moving average of $3.78 and a 200-day moving average of $4.35.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Nissan Motor from a "strong sell" rating to a "hold" rating in a report on Thursday, August 20th. Two equities research analysts have rated the stock with a Hold rating. According to MarketBeat.com, the stock presently has an average rating of "Hold".

About Nissan Motor

Nissan Motor Co, Ltd. is a Japanese automotive manufacturer headquartered in Yokohama, Japan. Founded in 1933, the company develops, manufactures and sells passenger vehicles, sport utility vehicles, pickup trucks, light commercial vehicles and electric vehicles under the Nissan brand.

Nissan also operates the Infiniti premium vehicle brand and the Nismo performance division. Its product portfolio includes gasoline-powered, hybrid and battery-electric models, including vehicles developed through its e-POWER and Nissan LEAF electric-vehicle technologies.

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