Nomura Research Institute (NRILY) Expected to Announce Quarterly Earnings on Thursday

Nomura Research Institute (OTCMKTS:NRILY) is expected to issue its results after the market closes on Thursday, October 29th. Analysts expect Nomura Research Institute to announce earnings of $0.38 per share and revenue of $1.36 billion for the quarter.

Nomura Research Institute (OTCMKTS:NRILY) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.02). The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $206.14 billion. Nomura Research Institute had a net margin of 2.41% and a return on equity of 4.38%. On average, analysts expect Nomura Research Institute to post $1.38 EPS for the current fiscal year and $1.53 EPS for the next fiscal year.

Nomura Research Institute Trading Up 0.3%

Shares of Nomura Research Institute stock opened at $37.81 on Thursday. The stock has a 50 day moving average of $32.96 and a 200 day moving average of $30.71. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.62 and a current ratio of 1.62. The firm has a market capitalization of $21.22 billion, a price-to-earnings ratio of 163.96 and a beta of 0.75. Nomura Research Institute has a fifty-two week low of $22.73 and a fifty-two week high of $42.93.

Analyst Ratings Changes

Separately, Zacks Research raised Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Friday, October 16th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Nomura Research Institute presently has a consensus rating of “Moderate Buy”.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (NRI) is a Japan-based consulting and information technology services company. It provides management consulting, technology consulting, systems integration, and digital transformation services to corporations, financial institutions, and government organizations.

NRI develops and operates technology platforms and business systems for sectors including securities, banking, insurance, retail, manufacturing, and public services. Its offerings include application development, cloud and data-center services, cybersecurity, information management, and managed technology operations.