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

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

Wall Street Analyst Weigh In

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

Nissan Motor Stock Up 1.8 %

Shares of Nissan Motor stock opened at $5.60 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.79. The stock has a market capitalization of $10.40 billion, a PE ratio of 6.12 and a beta of 0.90. Nissan Motor has a 52-week low of $4.41 and a 52-week high of $8.79. 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 (OTCMKTS:NSANY) last issued its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (EPS) for the quarter, topping 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%. On average, analysts anticipate that Nissan Motor will post 0.14 EPS for the current fiscal year.

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.