Nomura Research Institute (NRILY) to Announce Quarterly Earnings on Monday

Nomura Research Institute (OTCMKTS:NRILY) is expected to be announcing its resultson Monday, July 27th. Analysts expect the company to post earnings of $0.34 per share and revenue of $206.1427 billion for the quarter.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings results on Friday, April 24th. The company reported ($0.76) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $31.34 by ($32.10). Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%.The firm had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $227 billion. On average, analysts expect Nomura Research Institute to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Nomura Research Institute Trading Up 2.6%

Shares of OTCMKTS:NRILY opened at $30.29 on Friday. Nomura Research Institute has a 52 week low of $22.73 and a 52 week high of $43.20. The company’s 50 day moving average is $29.62 and its two-hundred day moving average is $29.68. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.49. The company has a market cap of $17.00 billion, a PE ratio of 137.68, a P/E/G ratio of 1.74 and a beta of 0.71.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered Nomura Research Institute from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.