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

NN

06/05/2022 19:34

* NN Inc  NNBR.OQ  reported quarterly breakeven results​​
per
share for the quarter ended in March. The mean expectation of
two analysts for the quarter was for a loss of 2 cents per
share.
    * Revenue rose 1% to $128.07 million from a year ago; 
analysts
expected $114.35 million. 
    * NN Inc's reported EPS for the quarter was a loss of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 600%
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 7.6% this quarter and
lost 24.4% so
far this year.
    * The company reported a quarterly loss of $3.3 million.
    * Wall Street's median 12-month price target for NN Inc is
$9.50 
    * 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 May 6 at 06:34 p.m.  ​All
figures in US dollars unless otherwise stated