NN Inc reports results for the quarter ended December 31 - Earnings Summary

NN

06/03/2025 06:38

NN Inc NNBR.OQ reported a quarterly adjusted loss of 2 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -10 cents.  The mean expectation of four analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -6 cents to -5 cents per share.

Revenue fell 5.3% to $106.51 million from a year ago; analysts expected $110.20 million.

NN Inc's reported EPS for the quarter was a loss of 51 cents​.

The company reported a quarterly loss of $20.98 million.

NN Inc shares had fallen by 17.4% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

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 average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for NN Inc is $7.00

This summary was machine generated from LSEG data March 6 at 06:38 a.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
-0.06
-0.02
Beat
Sep. 30 2024
-0.03
-0.05
Missed
Jun. 30 2024
-0.05
-0.02
Beat
Mar. 31 2024
-0.07
-0.08
Missed