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

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

Nissan Motor Price Performance

Shares of OTCMKTS NSANY traded up $0.32 during trading on Friday, hitting $5.80. 187,615 shares of the company were exchanged, compared to its average volume of 139,124. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.60 and a quick ratio of 1.38. Nissan Motor has a 1 year low of $4.10 and a 1 year high of $6.10. The company has a market cap of $10.77 billion, a price-to-earnings ratio of -1.71 and a beta of 0.44. The firm’s fifty day moving average price is $5.06 and its 200 day moving average price is $4.85.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded shares of Nissan Motor from a “sell” rating to a “hold” rating in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

View Our Latest Research Report on Nissan Motor

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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