Nomura Research Institute (OTCMKTS:NRILY) Posts Earnings Results, Misses Expectations By $0.02 EPS

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) released its quarterly earnings data on Thursday. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02), Zacks reports. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $206.14 billion. Nomura Research Institute had a net margin of 2.41% and a return on equity of 4.11%.

Nomura Research Institute Trading Down 11.2%

Nomura Research Institute stock opened at $29.35 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.84 and a current ratio of 1.84. The stock has a market capitalization of $16.47 billion, a P/E ratio of 127.61, a PEG ratio of 1.90 and a beta of 0.71. The stock has a 50-day simple moving average of $29.89 and a 200 day simple moving average of $29.43. Nomura Research Institute has a 52 week low of $22.73 and a 52 week high of $43.20.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered 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 given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Nomura Research Institute has an average rating of “Hold”.

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Nomura Research Institute Company Profile

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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.

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Earnings History for Nomura Research Institute (OTCMKTS:NRILY)

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