Nidec (OTCMKTS:NJDCY) Announces Earnings Results, Beats Expectations By $0.03 EPS

Nidec (OTCMKTS:NJDCY) issued its quarterly earnings data on Tuesday. The industrial goods maker reported $0.16 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03, Zacks reports. The business had revenue of $4.16 billion during the quarter, compared to analysts’ expectations of $4.01 billion. Nidec had a net margin of 4.80% and a return on equity of 7.01%.

Nidec Trading Down 1.3 %

NJDCY opened at $11.37 on Friday. Nidec has a 12 month low of $8.94 and a 12 month high of $15.44. The company has a current ratio of 1.62, a quick ratio of 1.04 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average of $11.48 and a 200 day moving average of $10.59. The firm has a market cap of $26.55 billion, a P/E ratio of 32.91, a P/E/G ratio of 0.61 and a beta of 1.12.

Nidec Company Profile

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.