Nomura (NYSE:NMR) Announces Quarterly Earnings Results, Beats Estimates By $0.08 EPS

Nomura (NYSE:NMR) released its earnings results on Wednesday. The financial services provider reported $0.22 EPS for the quarter, beating the consensus estimate of $0.14 by $0.08, Zacks reports. Nomura had a net margin of 6.91% and a return on equity of 7.93%.

Nomura Price Performance

NYSE:NMR traded up $0.49 during mid-day trading on Wednesday, reaching $6.95. 560,927 shares of the company were exchanged, compared to its average volume of 579,909. Nomura has a 12 month low of $4.66 and a 12 month high of $6.99. The company has a fifty day moving average of $5.99 and a 200 day moving average of $5.70. 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 stock has a market cap of $20.63 billion, a PE ratio of 11.77, a PEG ratio of 0.43 and a beta of 0.66.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Bank of America assumed coverage on shares of Nomura in a research note on Tuesday, October 22nd. They set a “neutral” rating for the company. StockNews.com upgraded shares of 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.