Nidec Q4 EPS ¥(35.66) Up From ¥(102.89) YoY, Sales ¥593.51B Up From ¥543.08B YoY
Portfolio Pulse from Benzinga Newsdesk
Nidec reported its Q4 earnings per share (EPS) improved to ¥(35.66) from ¥(102.89) year-over-year (YoY), with sales increasing to ¥593.51 billion from ¥543.08 billion YoY.
April 23, 2024 | 8:17 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Nidec's Q4 earnings report shows significant improvement in EPS and sales growth YoY, indicating a positive financial performance.
The improvement in Nidec's EPS from ¥(102.89) to ¥(35.66) and the increase in sales from ¥543.08 billion to ¥593.51 billion YoY are strong indicators of the company's positive financial health and operational efficiency. This performance is likely to instill confidence in investors, potentially leading to a positive short-term impact on NJDCY's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100