NN Inc expected to post a loss of 6 cents a share - Earnings Preview

NN

03/03/2025 21:37

NN Inc NNBR.OQ NNBR.O is expected to show a fall in quarterly revenue when it reports  results on March 5 for the period ending December 31 2024

The Charlotte North Carolina-based  company is expected to report a 2.1% decrease in revenue to $110.199 million from $112.53 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

​LSEG's mean analyst estimate for NN Inc is for a loss of 6 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "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 $7.00​, above​ its last closing price of $3.05. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Sep. 30 2024
-0.04
-0.03
-0.05
Missed
-50
Jun. 30 2024
-0.05
-0.05
-0.02
Beat
63.6
Mar. 31 2024
-0.07
-0.07
-0.08
Missed
-6.7​
Dec. 31 2023
-0.08
-0.10
Missed
-25
​​Sep. 30 2023
-0.06
-0.06
0.01
Beat
115.4
Jun. 30 2023
-0.07
-0.06
-0.08
Missed
-23.1​
Mar. 31 2023
-0.07
-0.07
-0.12
Missed
-80
Dec. 31 2022
-0.02
-0.12
Missed
-500

This summary was machine generated March 3 at 21:37 GMT.  All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)