Nomura (NMR) Projected to Post Quarterly Earnings on Wednesday

Nomura (NYSE:NMR) will likely be announcing its earnings results on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.14 per share and revenue of $3,036,270.00 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Nomura (NYSE:NMR) last announced its earnings results on Friday, November 1st. The financial services provider reported $0.22 EPS for the quarter, topping the consensus estimate of $0.14 by $0.08. The firm had revenue of $8.34 billion for the quarter. Nomura had a return on equity of 7.93% and a net margin of 6.91%. During the same period in the previous year, the firm posted $0.08 earnings per share. On average, analysts expect Nomura to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nomura Stock Up 2.6 %

Shares of NMR opened at $6.14 on Wednesday. The company has a market capitalization of $18.23 billion, a PE ratio of 10.40, a PEG ratio of 0.39 and a beta of 0.65. Nomura has a 12 month low of $4.66 and a 12 month high of $6.62. The stock’s 50-day moving average price is $5.90 and its two-hundred day moving average price is $5.69. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 7.19.

Wall Street Analysts Forecast Growth

NMR has been the topic of a number of recent analyst reports. StockNews.com raised Nomura from a “hold” rating to a “buy” rating in a research note on Wednesday, December 11th. Bank of America initiated coverage on Nomura in a research note on Tuesday, October 22nd. They issued a “neutral” rating on the stock.

Nomura Company Profile

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.