NSK (OTCMKTS:NPSKY) Releases Earnings Results, Misses Expectations By $0.05 EPS

NSK (OTCMKTS:NPSKY) released its quarterly earnings results on Thursday. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.05), Zacks reports. The company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.38 billion.

NSK Stock Performance

Shares of NSK stock opened at $9.58 on Friday. The business has a 50 day simple moving average of $9.23 and a two-hundred day simple moving average of $8.83. NSK has a 12 month low of $7.29 and a 12 month high of $11.20. The company has a debt-to-equity ratio of 0.30, a current ratio of 2.11 and a quick ratio of 1.50.

NSK Company Profile

NSK Ltd., together with its subsidiaries, manufactures and sells industrial machinery bearings, automotive products, and precision machinery and parts worldwide. Its products include ball bearings; roller bearings; bearing units; super precision bearings; bearings for steel industry, mining and construction, papermaking machines, and pumps and compressors; and bearings for special environments, including sanitary, corrosive, vacuum, cleanroom, high-temperature, non-magnetic requirement, and dust-contaminated environments.