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

NN

09/03/2023 23:36

* NN Inc  NNBR.OQ  reported a quarterly adjusted loss of 12
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss
of 2 cents per share.
    * Revenue rose 6.9% to $118.01 million from a year ago;
analysts
expected $123.30 million. 
    * NN Inc's reported EPS for the quarter was a loss of 33
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * NN Inc shares had risen by 23.3% this quarter.
    * The company reported a quarterly loss of $12.01 million.
    * Wall Street's median 12-month price target for NN Inc is
$6.25 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 9 at 11:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.02          -0.12          Missed
 Sep. 30 2022      0.01           0.03           Beat
 Jun. 30 2022      0.02           -0.09          Missed
 Mar. 31 2022      -0.02          0.00           Beat