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NNBR — NN News Story

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Precision components maker NN Q3 sales miss estimates

Overview

NN Q3 net sales decline 8.5%, missing analyst expectations

Adjusted loss per share for Q3 misses analyst expectations

Adjusted net loss for Q3 beats analyst expectations

Outlook

NN expects 2025 net sales between $420 mln and $440 mln

Company maintains 2025 adjusted EBITDA guidance at $53 mln to $63 mln

NN forecasts 2026 net sales growth and improved profitability

Result Drivers

POWER SOLUTIONS GROWTH - Segment grew 4.7% due to higher precious metal pass-through pricing

COST REDUCTION - Improved margins and operating income attributed to cost reduction initiatives

MOBILE SOLUTIONS RATIONALIZATION - Decline in sales due to rationalization of underperforming business and plants

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesMiss$103.9 mln$111.77 mln (4 Analysts)
Q3 Adjusted EPSMiss-$0.01$0.00667 (3 Analysts)
Q3 Adjusted EBITDAMiss$12.4 mln$13.31 mln (4 Analysts)
Q3 Adjusted Income from Operations$4 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the industrial machinery & equipment peer group is "buy" Wall Street's median 12-month price target for NN Inc is $6.00, about 68.7% above its October 28 closing price of $1.88 The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 38 three months ago Press Release: ID:nGNXNtBqF For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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