Nintendo (NTDOY) Projected to Post Earnings on Tuesday

Nintendo (OTCMKTS:NTDOY) is anticipated to post its results before the market opens on Tuesday, November 4th. Analysts expect Nintendo to post earnings of $0.08 per share and revenue of $464.3526 billion for the quarter.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings data on Friday, August 1st. The company reported $0.09 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.09. Nintendo had a net margin of 19.61% and a return on equity of 9.77%. The firm had revenue of $3.80 billion for the quarter, compared to analyst estimates of $448.24 billion. On average, analysts expect Nintendo to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nintendo Trading Up 2.9%

Nintendo stock opened at $21.44 on Monday. Nintendo has a 1-year low of $12.50 and a 1-year high of $24.92. The firm has a market capitalization of $111.38 billion, a price-to-earnings ratio of 51.05 and a beta of 0.58. The firm’s fifty day moving average price is $21.84 and its two-hundred day moving average price is $21.63.

Analyst Ratings Changes

Separately, Wedbush lowered shares of Nintendo from an “outperform” rating to a “neutral” rating in a research note on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.