Nomura Research Institute (NRILY) Expected to Release Earnings on Thursday

Nomura Research Institute (OTCMKTS:NRILY) is anticipated to issue its resultson Thursday, July 30th. Analysts expect Nomura Research Institute to post earnings of $0.34 per share and revenue of $206.1427 billion for the quarter.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings results on Friday, April 24th. The company reported ($0.76) earnings per share for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). The firm had revenue of $1.35 billion during the quarter, compared to analyst estimates of $227 billion. Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%. On average, analysts expect Nomura Research Institute to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nomura Research Institute Stock Performance

Shares of NRILY stock opened at $30.28 on Thursday. The stock has a fifty day moving average price of $29.50 and a 200 day moving average price of $29.74. The stock has a market cap of $16.99 billion, a PE ratio of 137.64, a P/E/G ratio of 1.80 and a beta of 0.71. Nomura Research Institute has a 1 year low of $22.73 and a 1 year high of $43.20. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84.

Wall Street Analyst Weigh In

Separately, Zacks Research cut Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.