Nissan Motor (OTCMKTS:NSANY) Issues FY 2024 Earnings Guidance

Nissan Motor (OTCMKTS:NSANY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of -0.150–0.150 for the period. The company issued revenue guidance of $82.1 billion-$82.1 billion.

Nissan Motor Trading Up 2.0 %

Shares of OTCMKTS:NSANY traded up $0.11 during trading on Friday, reaching $5.50. The stock had a trading volume of 341,076 shares, compared to its average volume of 354,095. The firm’s fifty day moving average is $5.56 and its 200 day moving average is $5.55. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.79. Nissan Motor has a 52 week low of $4.41 and a 52 week high of $8.79. The stock has a market cap of $10.21 billion, a price-to-earnings ratio of 10.19 and a beta of 0.90.

Nissan Motor (OTCMKTS:NSANY) last issued its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.13. Nissan Motor had a net margin of 1.19% and a return on equity of 3.80%. As a group, equities analysts forecast that Nissan Motor will post 0.14 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, Nomura downgraded shares of Nissan Motor from a “buy” rating to a “neutral” rating in a report on Wednesday, November 27th.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.