Nissan Motor (OTCMKTS:NSANY) Releases FY 2024 Earnings Guidance

Nissan Motor (OTCMKTS:NSANY) issued an update on its FY 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.530-0.530 for the period. The company issued revenue guidance of $90.3 billion-$90.3 billion.

Nissan Motor Stock Performance

OTCMKTS NSANY traded down $0.39 during trading hours on Thursday, hitting $6.23. 436,594 shares of the company’s stock traded hands, compared to its average volume of 160,295. The business’s fifty day moving average price is $6.92 and its two-hundred day moving average price is $7.41. The company has a current ratio of 1.86, a quick ratio of 1.56 and a debt-to-equity ratio of 0.83. The firm has a market capitalization of $12.18 billion, a P/E ratio of 4.07, a P/E/G ratio of 0.24 and a beta of 1.01. Nissan Motor has a 52 week low of $6.22 and a 52 week high of $9.65.

Nissan Motor (OTCMKTS:NSANY) last announced its earnings results on Thursday, May 9th. The company reported $0.38 earnings per share (EPS) for the quarter. The company had revenue of $23.67 billion during the quarter. Nissan Motor had a net margin of 3.38% and a return on equity of 8.48%. Equities research analysts predict that Nissan Motor will post 1.25 EPS for the current year.

About Nissan Motor

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.