NN Inc reports results for the quarter ended June 30 - Earnings Summary
NN Inc reports results for the quarter ended June 30 - Earnings Summary
NN Inc NNBR.OQ reported quarterly adjusted earnings of 11 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of four analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -3 cents to 4 cents per share.
Revenue rose 19.3% to $128.74 million from a year ago; analysts expected $116.09 million.
NN Inc's reported EPS for the quarter was a loss of 13 cents.
The company reported a quarterly loss of $2.27 million.
NN Inc shares had risen by 7.2% this quarter and gained 200.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 112.5% 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 3 "strong buy" or "buy," 1 "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 $6.00, about 35% above its last closing price of $3.90
This summary was machine generated from LSEG data August 5 at 11:31 p.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 |
Jun. 30 2026 | 0.00 | 0.11 | Beat |
Mar. 31 2026 | -0.05 | 0.02 | Beat |
Dec. 31 2025 | 0.01 | 0.00 | Missed |
Sep. 30 2025 | 0.01 | -0.01 | Missed |
Recent news on NN
See all newsBrief: NN - Prospectus Covers Offer And Resale Of 16,100,000 Shares Of Common Stock
Brief: NN, Inc. Eliminates All Of Its Preferred Stock
NN Inc reports results for the quarter ended June 30 - Earnings Summary
NN Q2 profit beats analyst expectations on new business launches
Brief: NN Inc. Q2 Adjusted EPS USD 0.11