Nissan Motor (OTCMKTS:NSANY) Issues 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 Performance

NSANY opened at $5.60 on Friday. The firm has a market cap of $10.40 billion, a P/E ratio of 6.12 and a beta of 0.90. The company has a 50 day simple moving average of $5.56 and a two-hundred day simple moving average of $5.55. Nissan Motor has a 1-year low of $4.41 and a 1-year high of $8.79. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.79 and a quick ratio of 1.48.

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

Analyst Upgrades and Downgrades

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

About Nissan Motor

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.