NN Inc expected to post a loss of 6 cents a share - Earnings Preview

Reuters
03-03
NN Inc2.62%
  • NN Inc NNBR.OQ NNBR.O is expected to show a fall in quarterly revenue when it reports results on March 5 for the period ending December 31 2024

  • The Charlotte North Carolina-based company is expected to report a 2.1% decrease in revenue to $110.199 million from $112.53 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.

  • ​LSEG's mean analyst estimate for NN Inc is for a loss of 6 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for NN Inc is $7.00​, above​ its last closing price of $3.05. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

-0.04

-0.03

-0.05

Missed

-50

Jun. 30 2024

-0.05

-0.05

-0.02

Beat

63.6

Mar. 31 2024

-0.07

-0.07

-0.08

Missed

-6.7​

Dec. 31 2023

-0.08

-0.10

Missed

-25

​​Sep. 30 2023

-0.06

-0.06

0.01

Beat

115.4

Jun. 30 2023

-0.07

-0.06

-0.08

Missed

-23.1​

Mar. 31 2023

-0.07

-0.07

-0.12

Missed

-80

Dec. 31 2022

-0.02

-0.12

Missed

-500

This summary was machine generated March 3 at 21:37 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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