Nippon Steel & Sumitomo Metal (NPSCY) Projected to Release Earnings on Thursday

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) will likely be announcing its results after the market closes on Thursday, November 5th. Analysts expect Nippon Steel & Sumitomo Metal to post earnings of $0.1020 per share and revenue of $18.62 billion for the quarter.

Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.02). The firm had revenue of $18.02 billion during the quarter, compared to analyst estimates of $16.70 billion.

Nippon Steel & Sumitomo Metal Price Performance

Shares of NPSCY stock opened at $4.23 on Tuesday. Nippon Steel & Sumitomo Metal has a 12-month low of $3.32 and a 12-month high of $4.67. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.71 and a quick ratio of 0.81. The business has a 50 day simple moving average of $4.29 and a 200 day simple moving average of $3.96.

About Nippon Steel & Sumitomo Metal

Nippon Steel & Sumitomo Metal Corporation was a major Japanese steelmaker formed in 2012 through the merger of Nippon Steel Corporation and Sumitomo Metal Industries. In 2019, the company changed its name to Nippon Steel Corporation, while continuing the operations and businesses associated with the former Nippon Steel & Sumitomo Metal organization.

The company produces a broad range of steel products, including sheets, plates, bars, wire rods, pipes, tubes and specialty steels.