NN Inc expected to post earnings of 3  cents a share - Earnings Preview

NN

05/05/2021 24:45

* NN Inc  NNBR.OQ   NNBR.O  is expected to show a fall in
quarterly revenue when it reports results on May 6.
* The Charlotte, North Carolina-based company is expected to
report   a 39.0% decrease in revenue to $121.925 million from
$199.75 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data.
​* Refinitiv's mean analyst estimate for NN Inc is for earnings
of 3 cents per share. For the same quarter last year, the
company reported earnings of 1 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "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 $12​,
about 40.3% above​ its last closing price of $7.17. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020              -0.05      0.17      Beat    469.6
 Sep. 30 2020  -0.02       -0.02      0.07      Beat    488.9
 Jun. 30 2020  -0.23       -0.19      -0.11     Beat    41.5​
 Mar. 31 2020  -0.01       0.00       0.01      Beat    600
 Dec.          0.12​       0.14       0.14      Met     1.4​
 31​ 2019​                                              
 Sep. 30 2019  0.30        0.29       0.27      Missed  -6.9​
 Jun. 30 2019  0.24        0.25       0.25      Met     2
 Mar. 31 2019  0.14        0.14       0.20      Beat    38.9
 This summary was machine generated May 4 at 23:45 GMT.  All
figures in US dollars unless otherwise stated