NN (NNBR) Set to Announce Quarterly Earnings on Thursday

NN (NASDAQ:NNBR) will be posting its quarterly earnings results after the market closes on Thursday, October 31st. Analysts expect NN to post earnings of ($0.03) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

NN (NASDAQ:NNBR) last announced its quarterly earnings data on Wednesday, August 7th. The industrial products company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.05) by $0.03. NN had a negative return on equity of 7.70% and a negative net margin of 8.38%. The firm had revenue of $122.99 million during the quarter, compared to analyst estimates of $123.59 million. During the same period in the previous year, the company earned ($0.08) earnings per share. On average, analysts expect NN to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NN Stock Performance

Shares of NNBR opened at $4.00 on Thursday. The stock has a market capitalization of $200.02 million, a PE ratio of -2.86 and a beta of 2.93. The business’s fifty day moving average price is $3.79 and its 200 day moving average price is $3.56. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.04 and a quick ratio of 1.29. NN has a 12-month low of $1.70 and a 12-month high of $5.40.

NN Company Profile

NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.