NN Q2 Adj EPS $(0.08) Misses $(0.06) Estimate, Sales $125.21M Miss $131.60M Estimate
Portfolio Pulse from mahesh@benzinga.com
NN Inc. reported Q2 losses of $0.08 per share, missing the analyst consensus estimate of $0.06 by 33.33%. The company's quarterly sales were $125.21 million, missing the estimate of $131.60 million by 4.86%. This represents a slight decrease from the same period last year.
August 04, 2023 | 2:40 pm
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NN Inc.'s Q2 earnings missed analyst estimates, with losses of $0.08 per share and sales of $125.21 million.
NN Inc.'s Q2 earnings missed analyst estimates, which could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100