Nissan Motor (OTCMKTS:NSANY) Releases Earnings Results, Beats Expectations By $0.14 EPS

Nissan Motor (OTCMKTS:NSANYGet Free Report) announced its earnings results on Thursday. The company reported ($0.27) EPS for the quarter, beating the consensus estimate of ($0.41) by $0.14, Zacks reports. The business had revenue of $19.52 billion during the quarter, compared to the consensus estimate of $19.67 billion. Nissan Motor had a negative return on equity of 3.09% and a negative net margin of 7.39%.

Nissan Motor Stock Performance

NSANY stock traded up $0.30 on Friday, reaching $5.78. 199,176 shares of the company were exchanged, compared to its average volume of 140,843. The firm has a market capitalization of $10.73 billion, a PE ratio of -1.71 and a beta of 0.44. Nissan Motor has a 12 month low of $4.10 and a 12 month high of $6.10. The stock’s fifty day moving average price is $5.06 and its 200 day moving average price is $4.85. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 1.38.

Wall Street Analyst Weigh In

Separately, Wall Street Zen raised Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

Read Our Latest Report on NSANY

Nissan Motor Company Profile

(Get Free Report)

Nissan Motor Co, Ltd. is a global automotive manufacturer headquartered in Yokohama, Japan, known for the design, development, production and sale of a wide range of vehicles. The company’s core business includes passenger cars, crossovers, trucks and commercial vehicles, as well as luxury models sold under its Infiniti brand. Nissan is also a pioneer in electric vehicle technology, having introduced its flagship EV model, the Leaf, which has become one of the world’s best-selling electric cars.

In addition to conventional internal combustion engines, Nissan has invested heavily in hybrid and battery-electric powertrains, advanced driver-assistance systems and connected-car technologies.

Further Reading

Earnings History for Nissan Motor (OTCMKTS:NSANY)

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