NN Inc expected to post earnings of 1 cents a share - Earnings Preview

NN

03/11/2021 13:36

* NN Inc  NNBR.OQ   NNBR.O  is expected to show a rise in
quarterly revenue when it reports  results on November 4. 
* The Charlotte, North Carolina-based company is expected to
report  a 2.8% increase in revenue to $116.9 million from
$113.76 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 earnings
of 1 cents per share. For the same quarter last year, the
company reported earnings of 7 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 $11​,
about 51.9% above​ its last closing price of $5.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.11        0.06       0.00      Missed  -100
 Mar. 31 2021  0.05        0.03       0.05      Beat    66.7
 Dec. 31 2020              -0.05      0.17      Beat    469.6​
 Sep. 30 2020  -0.02       -0.02      0.07      Beat    488.9
 ​​Jun.        -0.23       -0.19      -0.11     Beat    41.5
 30 2020                                                
 Mar. 31 2020  -0.01       0.00       0.01      Beat    600​
 Dec. 31 2019  0.12        0.14       0.14      Met     1.4
 Sep. 30 2019  0.30        0.29       0.27      Missed  -6.9
 This summary was machine generated November 3 at 13:35 GMT.  All
figures in US dollars unless otherwise stated