Nidec (NJDCY) Projected to Post Quarterly Earnings on Wednesday

Nidec (OTCMKTS:NJDCY) will likely be announcing its earnings results on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.07 per share and revenue of $658,064,958.57 billion for the quarter.

Nidec (OTCMKTS:NJDCY) last posted its quarterly earnings results on Wednesday, October 23rd. The industrial goods maker reported $0.03 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.03. The firm had revenue of $4.34 billion for the quarter, compared to analyst estimates of $4.13 billion. Nidec had a net margin of 3.77% and a return on equity of 5.58%. On average, analysts expect Nidec to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nidec Stock Performance

Shares of NJDCY traded down $0.02 during midday trading on Wednesday, reaching $4.58. The stock had a trading volume of 432,363 shares, compared to its average volume of 338,574. The firm has a market cap of $43.69 billion, a PE ratio of 32.71, a P/E/G ratio of 0.47 and a beta of 1.08. The firm has a 50 day simple moving average of $4.55 and a 200-day simple moving average of $7.61. Nidec has a one year low of $4.14 and a one year high of $6.63. The company has a current ratio of 1.67, a quick ratio of 1.06 and a debt-to-equity ratio of 0.31.

Nidec Company Profile

Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company offers medium- and large-size motors, small-size and precision motors, motor-related products, units and modules, automotive components, mechanical equipment/machine tools, inspection and measuring equipment, electronic devices, sensors, and other products, as well as mold, molding, cutting, and machining components.