Nissan Motor (NSANY) to Release Quarterly Earnings on Thursday

Nissan Motor (OTCMKTS:NSANY) is anticipated to issue its quarterly earnings data on Thursday, May 8th. Analysts expect Nissan Motor to post earnings of ($0.30) per share and revenue of $3,442.91 billion for the quarter. Nissan Motor has set its FY 2024 guidance at -0.150–0.150 EPS.

Nissan Motor (OTCMKTS:NSANY) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. The firm had revenue of $20.74 billion for the quarter, compared to analysts’ expectations of $19.51 billion. Nissan Motor had a net margin of 0.85% and a return on equity of 2.74%. On average, analysts expect Nissan Motor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nissan Motor Stock Performance

NSANY stock opened at $4.82 on Wednesday. Nissan Motor has a 12-month low of $4.22 and a 12-month high of $7.76. The stock’s 50 day simple moving average is $5.06 and its 200 day simple moving average is $5.31. The company has a current ratio of 1.79, a quick ratio of 1.48 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $8.95 billion, a PE ratio of 12.68 and a beta of 0.80.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised Nissan Motor to a “strong sell” rating in a research report on Monday, April 14th.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.