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

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

Nissan Motor Stock Performance

Shares of OTCMKTS:NSANY traded up $0.32 on Friday, reaching $5.80. The company’s stock had a trading volume of 187,615 shares, compared to its average volume of 139,124. Nissan Motor has a 52-week low of $4.10 and a 52-week high of $6.10. The stock has a market capitalization of $10.77 billion, a P/E ratio of -1.71 and a beta of 0.44. The stock’s 50-day moving average is $5.06 and its two-hundred day moving average 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.

Analysts Set New Price Targets

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

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Nissan Motor Company Profile

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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.

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Earnings History for Nissan Motor (OTCMKTS:NSANY)

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