Nissan Motor (NSANY) Expected to Announce Quarterly Earnings on Thursday

Nissan Motor (OTCMKTS:NSANY) is expected to release its results before the market opens on Thursday, November 6th. Analysts expect Nissan Motor to post earnings of ($0.4456) per share and revenue of $19.4325 billion for the quarter.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings data on Wednesday, July 30th. The company reported ($0.39) earnings per share for the quarter, topping the consensus estimate of ($0.60) by $0.21. Nissan Motor had a negative return on equity of 2.93% and a negative net margin of 6.54%.The company had revenue of $18.90 billion for the quarter, compared to analysts’ expectations of $19.54 billion. 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 Trading Down 3.0%

Shares of OTCMKTS NSANY opened at $4.61 on Friday. The stock has a market capitalization of $8.56 billion, a P/E ratio of -1.53 and a beta of 0.71. The business’s 50 day moving average is $4.83 and its two-hundred day moving average is $4.73. Nissan Motor has a 1-year low of $4.10 and a 1-year high of $7.11. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.53 and a quick ratio of 1.32.

Analyst Ratings Changes

Separately, Wall Street Zen cut Nissan Motor from a “hold” rating to a “sell” rating in a research note on Thursday, September 18th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Reduce”.

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.