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

NN

01/11/2022 22:43

* NN Inc  NNBR.OQ  reported quarterly adjusted earnings of 3
cents​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of one cent per share.
    * Revenue rose 8.6% to $127.30 million from a year ago;
analysts
expected $131.57 million. 
    * NN Inc's reported EPS for the quarter was a loss of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 83.3%
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 45.6% this quarter and
lost 39.3% so
far this year.
    * The company reported a quarterly loss of $2.22 million.
    * Wall Street's median 12-month price target for NN Inc is
$8.20 
    * 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 Refinitiv data November
1 at 10:43 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      -0.06          -0.01          Beat