Nomura (NMR) Expected to Announce Quarterly Earnings on Wednesday

Nomura (NYSE:NMR) is projected to announce its earnings results on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $3,036,270.00 billion for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Nomura (NYSE:NMR) last announced its quarterly earnings results on Friday, November 1st. The financial services provider reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08. Nomura had a net margin of 6.91% and a return on equity of 7.93%. The firm had revenue of $8.34 billion for the quarter. During the same period last year, the firm earned $0.08 earnings per share. On average, analysts expect Nomura to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nomura Price Performance

Nomura stock opened at $6.27 on Monday. The firm has a fifty day moving average of $5.93 and a 200-day moving average of $5.69. Nomura has a 52-week low of $4.66 and a 52-week high of $6.62. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. The firm has a market capitalization of $18.61 billion, a P/E ratio of 10.62, a PEG ratio of 0.40 and a beta of 0.65.

Analysts Set New Price Targets

Several research analysts have commented on the company. Bank of America began coverage on Nomura in a research report on Tuesday, October 22nd. They issued a “neutral” rating on the stock. StockNews.com upgraded Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th.

Nomura Company Profile

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.