Nidec (NJDCY) to Release Earnings on Wednesday

Nidec (OTCMKTS:NJDCY) is anticipated to post its quarterly earnings results on Wednesday, January 22nd. Analysts expect Nidec to post earnings of $0.07 per share and revenue of $658,064,958.57 billion for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

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

Nidec Stock Down 2.6 %

Shares of OTCMKTS:NJDCY opened at $4.47 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.67 and a debt-to-equity ratio of 0.31. The business’s 50 day moving average is $4.53 and its 200 day moving average is $7.50. The stock has a market cap of $42.65 billion, a P/E ratio of 31.93, a price-to-earnings-growth ratio of 0.47 and a beta of 1.08. Nidec has a 52-week low of $4.14 and a 52-week high of $6.63.

About Nidec

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.