Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Rating) – Research analysts at Jefferies Financial Group raised their Q3 2023 earnings per share (EPS) estimates for shares of Nissan Motor in a report issued on Tuesday, January 17th. Jefferies Financial Group analyst T. Nakanishi now expects that the company will earn $0.24 per share for the quarter, up from their previous forecast of $0.20. The consensus estimate for Nissan Motor's current full-year earnings is $0.61 per share. Jefferies Financial Group also issued estimates for Nissan Motor's FY2023 earnings at $0.61 EPS.

Separately, JPMorgan Chase & Co. lowered Nissan Motor from an "overweight" rating to a "neutral" rating in a research note on Monday, November 28th.

Nissan Motor Trading Down 1.7 %

Nissan Motor (OTCMKTS:NSANY – Get Rating) last posted its quarterly earnings data on Wednesday, November 9th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.20 by ($0.05). The company had revenue of $18.29 billion during the quarter, compared to analysts' expectations of $18.29 billion. Nissan Motor had a return on equity of 2.56% and a net margin of 1.22%.

About Nissan Motor

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Nissan Motor Co, Ltd. engages in the manufacture and sale of automotive products and marine equipment. It operates through the Automobile and Sales segments. The Automobile segment manufactures and sells vehicles, forklift, marine equipment, and related parts. The Sales segment handles sales finance and leasing business to support the sales activity of automobile business.

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