NN's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
NN (NASDAQ:NNBR) is set to release its latest quarterly earnings report on November 6, 2023. Analysts estimate an earnings per share (EPS) of $-0.06. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of NN were trading at $1.86 as of November 2, with a 52-week return of -6.17%.
November 03, 2023 | 4:01 pm
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NEGATIVE IMPACT
NN's upcoming earnings report could potentially impact its stock price. The company has a history of missing EPS estimates, which has previously led to drops in its share price.
NN has a history of missing EPS estimates, which has consistently led to drops in its share price. Given this trend, and the fact that analysts are predicting an EPS of $-0.06 for the upcoming quarter, it is likely that the company's stock price could be negatively impacted following the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100