NN Inc <NNBR.OQ> expected to post a loss of 6 cents a share - Earnings Preview
NN Inc NNBR.OQ NNBR.O is expected to show a fall in quarterly revenue when it reports results on March 5 for the period ending December 31 2024
The Charlotte North Carolina-based company is expected to report a 2.1% decrease in revenue to $110.199 million from $112.53 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.
LSEG's mean analyst estimate for NN Inc is for a loss of 6 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for NN Inc is $7.00, above its last closing price of $3.05.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | -0.04 | -0.03 | -0.05 | Missed | -50 |
Jun. 30 2024 | -0.05 | -0.05 | -0.02 | Beat | 63.6 |
Mar. 31 2024 | -0.07 | -0.07 | -0.08 | Missed | -6.7 |
Dec. 31 2023 | -0.08 | -0.10 | Missed | -25 | |
Sep. 30 2023 | -0.06 | -0.06 | 0.01 | Beat | 115.4 |
Jun. 30 2023 | -0.07 | -0.06 | -0.08 | Missed | -23.1 |
Mar. 31 2023 | -0.07 | -0.07 | -0.12 | Missed | -80 |
Dec. 31 2022 | -0.02 | -0.12 | Missed | -500 |
This summary was machine generated March 3 at 21:37 GMT. 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)
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