Nomura Research Institute (OTCMKTS:NRILY) Announces Earnings Results, Misses Estimates By $0.02 EPS

Nomura Research Institute (OTCMKTS:NRILYGet Free Report) issued its quarterly earnings data on Thursday. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02), Zacks reports. Nomura Research Institute had a return on equity of 4.03% and a net margin of 2.33%.

Nomura Research Institute Stock Down 2.8%

OTCMKTS:NRILY traded down $0.95 during trading hours on Thursday, reaching $32.78. 15,121 shares of the company traded hands, compared to its average volume of 101,658. 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 business’s 50-day moving average price is $29.82 and its two-hundred day moving average price is $29.48. Nomura Research Institute has a 1 year low of $22.73 and a 1 year high of $43.20. The stock has a market capitalization of $18.40 billion, a P/E ratio of 149.02, a P/E/G ratio of 1.89 and a beta of 0.71.

Analyst Ratings Changes

Separately, Zacks Research cut Nomura Research Institute from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Nomura Research Institute has an average rating of “Hold”.

View Our Latest Stock Analysis on Nomura Research Institute

Nomura Research Institute Company Profile

(Get Free Report)

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.

See Also

Earnings History for Nomura Research Institute (OTCMKTS:NRILY)

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