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

Nissan Motor (OTCMKTS:NSANY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.530-0.530 for the period. The company issued revenue guidance of $90.3 billion-$90.3 billion.

Nissan Motor Stock Down 1.8 %

OTCMKTS NSANY traded down $0.11 on Friday, reaching $6.12. The company had a trading volume of 269,605 shares, compared to its average volume of 161,059. The company’s fifty day moving average is $6.90 and its 200-day moving average is $7.40. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.56 and a current ratio of 1.86. Nissan Motor has a 1-year low of $6.10 and a 1-year high of $9.65. The firm has a market capitalization of $11.96 billion, a price-to-earnings ratio of 4.00, a price-to-earnings-growth ratio of 0.23 and a beta of 1.01.

Nissan Motor (OTCMKTS:NSANY) last issued its quarterly earnings results on Thursday, May 9th. The company reported $0.38 EPS for the quarter. Nissan Motor had a net margin of 3.38% and a return on equity of 8.48%. The firm had revenue of $23.67 billion for the quarter. On average, research analysts forecast that Nissan Motor will post 1.25 earnings per share 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.