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

NN

04/08/2023 24:52

* NN Inc  NNBR.OQ  reported a quarterly adjusted loss of 8
cents​​
per share for the quarter ended in June. The mean expectation of
two analysts for the quarter was for a loss of 6 cents per
share.
    * Revenue fell 0.1% to $125.21 million from a year ago;
analysts
expected $131.60 million. 
    * NN Inc's reported EPS for the quarter was a loss of 38
cents​.
    * The mean earnings estimate of analysts had fallen by
about 874.5% 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 28.9% this quarter and
gained 105.3%
so far this year.
    * The company reported a quarterly loss of $14.38 million.
    * Wall Street's median 12-month price target for NN Inc is
$3.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 11:51 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          -0.08          Missed
 Mar. 31 2023      -0.07          -0.12          Missed
 Dec. 31 2022      -0.02          -0.12          Missed
 Sep. 30 2022      0.01           0.03           Beat