Earnings Preview: Nidec
Portfolio Pulse from Benzinga Insights
Nidec (OTC:NJDCY) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.10. The company's last quarter saw a miss in EPS by $0.34, resulting in a 2.28% drop in share price. Nidec's shares were trading at $14.14 as of July 18, with a 52-week decrease of 17.97%.
July 19, 2023 | 3:02 pm
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Nidec's upcoming earnings report could impact its stock price. The company's last earnings miss led to a 2.28% drop in share price. The stock has seen a 17.97% decrease over the last 52 weeks.
Nidec's stock price has been negatively impacted by its earnings performance in the past. Given the company's recent history of missing earnings estimates, there is a risk that the upcoming earnings report could lead to a further decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100