Q2 2023 Earnings Forecast for Nikon Co. (OTCMKTS:NINOY) Issued By Jefferies Financial Group

Nikon Co. (OTCMKTS:NINOYGet Rating) – Equities researchers at Jefferies Financial Group lowered their Q2 2023 earnings estimates for shares of Nikon in a research note issued to investors on Wednesday, September 14th. Jefferies Financial Group analyst M. Nakanomyo now anticipates that the company will post earnings per share of $0.19 for the quarter, down from their previous forecast of $0.20. The consensus estimate for Nikon’s current full-year earnings is $0.94 per share. Jefferies Financial Group also issued estimates for Nikon’s FY2025 earnings at $1.05 EPS.

Nikon Trading Up 1.0 %

Shares of NINOY opened at $10.32 on Thursday. Nikon has a fifty-two week low of $9.07 and a fifty-two week high of $12.93. The business has a 50-day moving average of $11.16 and a 200 day moving average of $11.20. The firm has a market cap of $3.90 billion, a P/E ratio of 11.60, a price-to-earnings-growth ratio of 1.46 and a beta of 0.45. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.51 and a current ratio of 2.27.

Nikon (OTCMKTS:NINOYGet Rating) last released its earnings results on Thursday, August 4th. The company reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. Nikon had a net margin of 6.99% and a return on equity of 6.43%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.10 billion.

About Nikon

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Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through three segments: Imaging Products Business, Precision Equipment Business, and Healthcare Business. The Imaging Products Business segment develops, manufacture, sells, and services digital SLR cameras, compact digital cameras, and interchangeable camera lenses.

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Earnings History and Estimates for Nikon (OTCMKTS:NINOY)

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