Nissan Motor (OTCMKTS:NSANY – Get Free Report) is projected to issue its results after the market closes on Wednesday, November 11th. Analysts expect Nissan Motor to announce earnings of $0.0336 per share and revenue of $19.53 billion for the quarter.
Nissan Motor (OTCMKTS:NSANY – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.18. The firm had revenue of $18.93 billion for the quarter, compared to analysts’ expectations of $18.81 billion. Nissan Motor had a negative return on equity of 5.50% and a negative net margin of 3.38%. On average, analysts expect Nissan Motor to post $0.04 EPS for the current fiscal year and $0.31 EPS for the next fiscal year.
Nissan Motor Stock Performance
Shares of NSANY opened at $3.38 on Wednesday. The business’s 50-day moving average price is $3.78 and its 200 day moving average price is $4.35. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.54 and a quick ratio of 1.33. Nissan Motor has a 1-year low of $3.35 and a 1-year high of $6.06.
Analyst Ratings Changes
Separately, Zacks Research raised shares of Nissan Motor from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 20th. Two analysts have rated the stock with a Hold rating. According to MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Research Report on Nissan Motor
About Nissan Motor
Nissan Motor Co, Ltd. is a Japanese automotive manufacturer headquartered in Yokohama, Japan. Founded in 1933, the company develops, manufactures and sells passenger vehicles, sport utility vehicles, pickup trucks, light commercial vehicles and electric vehicles under the Nissan brand.
Nissan also operates the Infiniti premium vehicle brand and the Nismo performance division. Its product portfolio includes gasoline-powered, hybrid and battery-electric models, including vehicles developed through its e-POWER and Nissan LEAF electric-vehicle technologies.
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