GN Store Nord (GNNDY) Expected to Announce Quarterly Earnings on Wednesday

GN Store Nord (OTCMKTS:GNNDY) is expected to be issuing its resultson Wednesday, April 29th. Analysts expect the company to announce earnings of $0.49 per share and revenue of $606.0260 million for the quarter.

GN Store Nord (OTCMKTS:GNNDY) last issued its earnings results on Thursday, February 5th. The company reported $1.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.26 by ($0.16). The company had revenue of $738.87 million during the quarter, compared to analysts’ expectations of $760.79 million. GN Store Nord had a return on equity of 6.31% and a net margin of 3.97%. On average, analysts expect GN Store Nord to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

GN Store Nord Stock Performance

Shares of GN Store Nord stock opened at $46.00 on Monday. The company’s fifty day simple moving average is $45.34 and its 200-day simple moving average is $48.56. The stock has a market capitalization of $2.31 billion, a PE ratio of 22.33 and a beta of 1.86. GN Store Nord has a 1-year low of $38.37 and a 1-year high of $57.22. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.18 and a quick ratio of 0.86.

Wall Street Analyst Weigh In

GNNDY has been the topic of a number of analyst reports. Jefferies Financial Group cut shares of GN Store Nord from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 18th. Zacks Research cut shares of GN Store Nord from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 12th. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.

About GN Store Nord

GN Store Nord A/S is a Denmark‐based technology company specializing in intelligent audio solutions. The group operates through two primary business units: GN Hearing, which develops and manufactures advanced hearing aids and associated hearing care technologies, and GN Audio, which produces professional and consumer headsets under the Jabra brand. GN Store Nord’s product portfolio spans digital hearing devices, wireless headsets, speakerphones and earbuds, all designed to enhance communication and improve listening experiences for individuals and enterprises alike.

Under the GN Hearing division, the company offers a range of hearing aids and wireless accessories that leverage digital signal processing, artificial intelligence and direct audio streaming.