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

NN

04/08/2021 01:07

* NN Inc  NNBR.OQ   NNBR.O  is expected to show a fall in
quarterly revenue when it reports results on August 5. 
* The Charlotte, North Carolina-based company is expected to
report   a 18.9% decrease in revenue to $122 million from
$150.42 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 6 cents per share. For the same quarter last year, the
company reported a loss of 11 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 $13​,
about 47.6% above​ its last closing price of $6.81. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.23       -0.19      -0.11     Beat    41.5
 Mar.          -0.01​      0.00       0.01      Beat    600​
 31​ 2020​                                              
 Dec. 31 2019  0.12        0.14       0.14      Met     1.4​
 Sep. 30 2019  0.30        0.29       0.27      Missed  -6.9
 Jun. 30 2019  0.24        0.25       0.25      Met     2
 This summary was machine generated August 4 at 00:07 GMT.  All
figures in US dollars unless otherwise stated