NN (NNBR) to Release Earnings on Thursday

NN (NASDAQ:NNBR - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

NN (NASDAQ:NNBR - Get Free Report) last posted its earnings results on Wednesday, August 7th. The industrial products company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.05) by $0.03. The company had revenue of $122.99 million during the quarter, compared to analyst estimates of $123.59 million. NN had a negative return on equity of 7.70% and a negative net margin of 8.38%. During the same period in the prior year, the company earned ($0.08) earnings per share. On average, analysts expect NN to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NN Stock Performance

Shares of NASDAQ NNBR traded down $0.02 during mid-day trading on Thursday, hitting $3.98. The company had a trading volume of 81,845 shares, compared to its average volume of 186,903. NN has a 12 month low of $1.70 and a 12 month high of $5.40. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.04 and a quick ratio of 1.29. The firm's 50 day simple moving average is $3.79 and its two-hundred day simple moving average is $3.56. The stock has a market cap of $199.02 million, a price-to-earnings ratio of -2.84 and a beta of 2.93.

About NN

NN, Inc, together with its subsidiaries, designs, manufactures, and sells high-precision components and assemblies for various end markets in the United States and internationally. It operates through two segments, Mobile Solutions and Power Solutions. The Mobile Solutions segment manufactures and sells system critical components for automotive, general industrial, and medical end markets for use in power steering, braking, transmissions, gasoline fuel system, diesel injection, and diesel emissions treatment applications, as well as in heating, ventilation, and air conditioning.