NN Inc expected to post a loss of 2  cents a share - Earnings Preview

NN

04/05/2022 03:04

* NN Inc  NNBR.OQ   NNBR.O  is expected to show a fall in
quarterly revenue when it reports  results on May 5. 
    * The Charlotte North Carolina-based  company is expected to
report  a 9.8% decrease in revenue to $114.35 million from
$126.8 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for NN Inc is for a
loss of 2
cents per share. For the same quarter last year, the company
reported earnings of 5 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for NN Inc is
$9.5​,
above​ its last closing price of $2.92. ​​​

This summary was machine generated May 4 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated