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Nissan Motor Co., Ltd. to Post Q2 2023 Earnings of $0.21 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:NSANY)

Defense World ·  Sep 3, 2022 01:51

Nissan Motor Co., Ltd. (OTCMKTS:NSANY – Get Rating) – Analysts at Jefferies Financial Group lifted their Q2 2023 earnings per share (EPS) estimates for Nissan Motor in a research note issued to investors on Wednesday, August 31st. Jefferies Financial Group analyst T. Nakanishi now expects that the company will earn $0.21 per share for the quarter, up from their prior forecast of $0.20. The consensus estimate for Nissan Motor's current full-year earnings is $1.10 per share. Jefferies Financial Group also issued estimates for Nissan Motor's Q3 2023 earnings at $0.36 EPS, Q4 2023 earnings at $0.15 EPS and FY2024 earnings at $1.40 EPS.

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Separately, Macquarie cut Nissan Motor from a "neutral" rating to an "underperform" rating in a research report on Friday, July 15th.

Nissan Motor Stock Performance

OTCMKTS:NSANY opened at $7.69 on Friday. The company has a current ratio of 1.68, a quick ratio of 1.46 and a debt-to-equity ratio of 0.82. Nissan Motor has a 12-month low of $7.24 and a 12-month high of $11.40. The stock has a 50-day moving average price of $7.72 and a 200 day moving average price of $8.18. The stock has a market capitalization of $15.05 billion, a P/E ratio of 12.11, a P/E/G ratio of 0.36 and a beta of 0.99.

About Nissan Motor

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Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan, Infiniti, Datsun, Heritage, and Motorsports brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; specially equipped vehicles; and motorsports engines.

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