Nissan Motor (NSANY) Projected to Post Quarterly Earnings on Wednesday

Nissan Motor (OTCMKTS:NSANY) will likely be announcing its resultson Wednesday, May 13th. Analysts expect the company to announce earnings of ($1.3216) per share and revenue of $21.6602 billion for the quarter.

Nissan Motor (OTCMKTS:NSANY) last released its earnings results on Thursday, February 12th. The company reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.41) by $0.14. The company had revenue of $19.52 billion during the quarter, compared to the consensus estimate of $19.67 billion. Nissan Motor had a negative return on equity of 5.09% and a negative net margin of 7.62%. On average, analysts expect Nissan Motor to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nissan Motor Stock Performance

OTCMKTS:NSANY opened at $4.44 on Wednesday. The business has a 50 day moving average of $4.61 and a 200 day moving average of $4.85. The company has a market capitalization of $8.25 billion, a price-to-earnings ratio of -1.29, a PEG ratio of 0.80 and a beta of 0.56. Nissan Motor has a 1-year low of $4.05 and a 1-year high of $6.06. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.65 and a quick ratio of 1.42.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NSANY shares. Wall Street Zen upgraded Nissan Motor from a “sell” rating to a “hold” rating in a research report on Wednesday, January 7th. Nomura upgraded Nissan Motor to a “hold” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Nissan Motor currently has a consensus rating of “Hold”.

About Nissan Motor

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.