NSK (NPSKY) Set to Release Quarterly Earnings on Thursday

NSK (OTCMKTS:NPSKY) is projected to post its results after the market closes on Thursday, October 29th. Analysts expect NSK to announce earnings of $0.1926 per share and revenue of $1.68 billion for the quarter.

NSK (OTCMKTS:NPSKY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.07. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. NSK had a return on equity of 4.48% and a net margin of 3.24%.

NSK Stock Up 2.1%

Shares of OTCMKTS NPSKY opened at $13.49 on Thursday. NSK has a 52-week low of $10.00 and a 52-week high of $18.45. The company’s 50 day moving average price is $14.10 and its 200-day moving average price is $14.54. The company has a market capitalization of $3.30 billion, a P/E ratio of 16.26 and a beta of 0.67. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.40 and a current ratio of 2.06.

NSK Company Profile

NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. Founded in 1916, the company supplies components used in automotive, industrial machinery, machine tools, semiconductor manufacturing equipment and other applications.

NSK’s product portfolio includes ball bearings, roller bearings, hub units, automotive steering systems, electric power steering components, ball screws, linear guides and other precision motion-control products. Its technologies are designed to support reduced friction, accurate movement, durability and energy efficiency across a range of industrial and transportation applications.

Headquartered in Tokyo, NSK serves customers worldwide through a network of manufacturing, research and development, sales and service operations across Japan, the Americas, Europe and Asia.