Nintendo (OTCMKTS:NTDOY) Releases Quarterly Earnings Results, Misses Expectations By $0.01 EPS

Nintendo (OTCMKTS:NTDOY – Get Free Report) posted its earnings results on Thursday. The company reported $0.10 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01), Zacks reports. Nintendo had a net margin of 21.00% and a return on equity of 16.31%.

Nintendo Trading Down 0.6%

OTCMKTS:NTDOY traded down $0.08 during trading hours on Thursday, reaching $13.68. 2,897,293 shares of the company were exchanged, compared to its average volume of 1,346,509. The stock’s 50-day moving average is $13.18 and its 200-day moving average is $12.96. The firm has a market cap of $70.44 billion, a PE ratio of 20.73 and a beta of 0.49. Nintendo has a twelve month low of $10.18 and a twelve month high of $22.89.

Key Stories Impacting Nintendo

Here are the key news stories impacting Nintendo this week:

Analyst Ratings Changes

A number of equities analysts recently weighed in on NTDOY shares. BNP Paribas Exane initiated coverage on Nintendo in a report on Tuesday, September 22nd. They issued a “neutral” rating for the company. Citigroup reiterated a “buy” rating on shares of Nintendo in a research report on Friday, August 14th. Finally, UBS Group lowered Nintendo from a “neutral” rating to a “sell” rating in a report on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

View Our Latest Report on Nintendo

About Nintendo

(Get Free Report)

Nintendo Co, Ltd. is a Japan-based entertainment company that develops and publishes interactive entertainment products for global markets. Its business centers on dedicated video game hardware, software and related digital services, with offerings designed to combine proprietary systems and internally developed content.

The company is known for its Nintendo Switch platform and franchises including Super Mario, The Legend of Zelda, Animal Crossing, Splatoon, Kirby, Metroid and Donkey Kong.

Recommended Stories

Earnings History for Nintendo (OTCMKTS:NTDOY)

Receive News & Ratings for Nintendo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nintendo and related companies with MarketBeat.com's FREE daily email newsletter.