Nikon (OTCMKTS:NINOY) Releases Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Nikon (OTCMKTS:NINOY) posted its quarterly earnings data on Thursday. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.18), Zacks reports. Nikon had a net margin of 1.98% and a return on equity of 2.01%.

Nikon Stock Down 3.2 %

Shares of OTCMKTS:NINOY opened at $10.13 on Friday. The company has a market cap of $3.51 billion, a price-to-earnings ratio of 40.23 and a beta of 0.54. Nikon has a fifty-two week low of $9.30 and a fifty-two week high of $13.07. The firm’s 50-day simple moving average is $10.71 and its 200-day simple moving average is $10.96. The company has a quick ratio of 0.96, a current ratio of 1.88 and a debt-to-equity ratio of 0.12.

About Nikon

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.