Nissan Motor (OTCMKTS:NSANY) Releases Quarterly Earnings Results, Beats Expectations By $0.17 EPS

Nissan Motor (OTCMKTS:NSANY) issued its quarterly earnings data on Tuesday. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.17, reports. The business had revenue of $24.52 billion for the quarter, compared to analysts’ expectations of $26.18 billion. Nissan Motor had a return on equity of 3.83% and a net margin of 1.25%.

OTCMKTS:NSANY opened at $12.60 on Friday. The stock’s fifty day moving average is $12.61 and its 200 day moving average is $13.45. Nissan Motor has a fifty-two week low of $12.00 and a fifty-two week high of $17.99. The firm has a market capitalization of $24.69 billion, a PE ratio of 12.88, a PEG ratio of 3.78 and a beta of 0.97. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.31 and a current ratio of 1.50.

Several analysts have recently issued reports on NSANY shares. Morgan Stanley cut Nissan Motor from an “equal” rating to a “weight” rating in a report on Thursday, September 5th. Zacks Investment Research cut Nissan Motor from a “hold” rating to a “sell” rating in a report on Tuesday, October 22nd. Finally, ValuEngine raised Nissan Motor from a “sell” rating to a “hold” rating in a report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $19.00.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, and Datsun brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and other related component parts; automotive parts; industrial equipment engines and other related component parts, and axles; specially equipped vehicles; motorsports engines; and rechargeable lithium-ion batteries.

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Earnings History for Nissan Motor (OTCMKTS:NSANY)

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