NN Inc expected to post a loss of 3 cents a share - Earnings Preview

Reuters

29 Oct 2024

* NN Inc is expected to show a fall in quarterly revenue when it reports results on October 30 for the period ending September 30 2024

* The Charlotte North Carolina-based company is expected to report a 3.2% decrease in revenue to $120.501 million from $124.44 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* LSEG's mean analyst estimate for NN Inc is for a loss of 3 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 $3.95.

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

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

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. -0.07 -0.06 -0.08 Missed -23.1

30 2023

Mar. 31 2023 -0.07 -0.07 -0.12 Missed -80

Dec. 31 2022 -0.02 -0.12 Missed -500

Sep. 30 2022 0.01 0.01 0.03 Beat 200

This summary was machine generated October 29 at 03:03 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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One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2479441517"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2479441517\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2479441517?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-29 11:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2479441517","market":"us","top_or_hot":-1,"title":"NN Inc    expected to post a loss of 3 cents a share - Earnings Preview","media":"Reuters","content":"<html><body><p>* <a href=\"https://laohu8.com/S/NNBR\">NN Inc</a>     is expected to show a fall in quarterly revenue when it reports  results on October 30 for the period ending September 30 2024</p><p>   * The Charlotte North Carolina-based  company is expected to report a 3.2% decrease in revenue to $120.501 million from $124.44 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.</p><p>   * LSEG's mean analyst estimate for NN Inc is for a loss of 3 cents per share. </p><p>   * 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.\"  </p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * Wall Street's median 12-month price target for NN Inc is 7.00, above its last closing price of $3.95. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  -0.05       -0.05      -0.02     Beat    63.6</p><p>Mar. 31 2024  -0.07       -0.07      -0.08     Missed  -6.7</p><p>Dec. 31 2023              -0.08      -0.10     Missed  -25</p><p>Sep. 30 2023  -0.06       -0.06      0.01      Beat    115.4</p><p>Jun.        -0.07       -0.06      -0.08     Missed  -23.1</p><p>30 2023                                                </p><p>Mar. 31 2023  -0.07       -0.07      -0.12     Missed  -80</p><p>Dec. 31 2022              -0.02      -0.12     Missed  -500</p><p>Sep. 30 2022  0.01        0.01       0.03      Beat    200</p><p>This summary was machine generated October 29 at 03:03 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)</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NN Inc    expected to post a loss of 3 cents a share - Earnings Preview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNN Inc    expected to post a loss of 3 cents a share - Earnings Preview\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-10-29 11:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* <a href=\"https://laohu8.com/S/NNBR\">NN Inc</a>     is expected to show a fall in quarterly revenue when it reports  results on October 30 for the period ending September 30 2024</p><p>   * The Charlotte North Carolina-based  company is expected to report a 3.2% decrease in revenue to $120.501 million from $124.44 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.</p><p>   * LSEG's mean analyst estimate for NN Inc is for a loss of 3 cents per share. </p><p>   * 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.\"  </p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * Wall Street's median 12-month price target for NN Inc is 7.00, above its last closing price of $3.95. </p><p>Previous quarterly performance (using preferred earnings measure in US dollars). </p><p>QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI</p><p>ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %</p><p>              E®                               MISSED  </p><p>Jun. 30 2024  -0.05       -0.05      -0.02     Beat    63.6</p><p>Mar. 31 2024  -0.07       -0.07      -0.08     Missed  -6.7</p><p>Dec. 31 2023              -0.08      -0.10     Missed  -25</p><p>Sep. 30 2023  -0.06       -0.06      0.01      Beat    115.4</p><p>Jun.        -0.07       -0.06      -0.08     Missed  -23.1</p><p>30 2023                                                </p><p>Mar. 31 2023  -0.07       -0.07      -0.12     Missed  -80</p><p>Dec. 31 2022              -0.02      -0.12     Missed  -500</p><p>Sep. 30 2022  0.01        0.01       0.03      Beat    200</p><p>This summary was machine generated October 29 at 03:03 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)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NNBR","symbol_name":"NN Inc","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2479441517","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479441517","pubTimestamp":1730171016,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* NN Inc     is expected to show a fall in quarterly revenue when it reports  results on October 30 for the period ending September 30 2024   * The Charlotte North Carolina-based  company is expected ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"NNBR":"NN Inc","NN":"NextNav Inc."},"translate_title":"NN Inc预计每股亏损3美分-收益预览","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NN":1,"NNBR":1},"content_text":"* NN Inc     is expected to show a fall in quarterly revenue when it reports  results on October 30 for the period ending September 30 2024   * The Charlotte North Carolina-based  company is expected to report a 3.2% decrease in revenue to $120.501 million from $124.44 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.   * LSEG's mean analyst estimate for NN Inc is for a loss of 3 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 $3.95. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRIENDING        ARTESTIMAT  ESTIMATE             MET,    SE %              E®                               MISSED  Jun. 30 2024  -0.05       -0.05      -0.02     Beat    63.6Mar. 31 2024  -0.07       -0.07      -0.08     Missed  -6.7Dec. 31 2023              -0.08      -0.10     Missed  -25Sep. 30 2023  -0.06       -0.06      0.01      Beat    115.4Jun.        -0.07       -0.06      -0.08     Missed  -23.130 2023                                                Mar. 31 2023  -0.07       -0.07      -0.12     Missed  -80Dec. 31 2022              -0.02      -0.12     Missed  -500Sep. 30 2022  0.01        0.01       0.03      Beat    200This summary was machine generated October 29 at 03:03 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)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"preview","news_rank":0,"symbols":[],"gpt_button":1}}}