NN Inc expected to post a loss of 7 cents a share - Earnings Preview

NN

03/05/2023 03:03

* NN Inc  NNBR.OQ   NNBR.O  is expected to show a rise in
quarterly revenue when it reports  results on May 4. 
    * The Charlotte North Carolina-based  company is expected to
report  a 1.9% increase in revenue to $130.55 million from
$128.07 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 7
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
$4.5​,
above​ its last closing price of $1.06. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022              -0.02      -0.12     Missed  -500
 Sep. 30 2022  0.01        0.01       0.03      Beat    200
 Jun. 30 2022  0.02        0.02       -0.09     Missed  -550​
 Mar. 31 2022  -0.03       -0.02      0.00      Beat    100
 ​​Dec.                    -0.06      -0.01     Beat    84.6
 31 2021                                                
 Sep. 30 2021  0.01        0.01       0.01      Met     100​
 Jun. 30 2021  0.11        0.06       0.00      Missed  -100
 Mar. 31 2021  0.05        0.03       0.05      Beat    66.7
 This summary was machine generated May 3 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated