Nissan Motor (OTCMKTS:NSANY) Updates FY 2024 Earnings Guidance

Nissan Motor (OTCMKTS:NSANY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided EPS guidance of -0.150–0.150 for the period. The company issued revenue guidance of $82.1 billion-$82.1 billion.

Nissan Motor Stock Down 6.4 %

NSANY stock opened at $5.39 on Thursday. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.79 and a quick ratio of 1.48. The firm has a market cap of $10.01 billion, a PE ratio of 9.98 and a beta of 0.90. Nissan Motor has a 12 month low of $4.41 and a 12 month high of $8.79. The firm has a 50 day simple moving average of $5.54 and a 200 day simple moving average of $5.55.

Nissan Motor (OTCMKTS:NSANY) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.13. Nissan Motor had a return on equity of 3.80% and a net margin of 1.19%. Equities research analysts forecast that Nissan Motor will post 0.14 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Nomura downgraded Nissan Motor from a “buy” rating to a “neutral” rating in a research note on Wednesday, November 27th.

Nissan Motor Company Profile

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.