Streetbeat News

NJDCY

Nidec Corporation

https://www.nidec.com/

CEO

Shigenobu Nagamori

Open

4.76

Mkt cap

22B

Volume

High

4.78

P/E Ratio

36.54

52-wk high

6.63

Low

4.75

Div yield

0.02

52-wk low

0.51

Nidec reported Q2 2024 earnings with a GAAP EPS of $0.11, missing the $0.13 estimate, but sales of $4.337 billion exceeded the $4.171 billion estimate. Sales increased by 5.39% compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:05 am

Nidec (OTC:NJDCY) is set to announce its quarterly earnings on October 23, 2024. Analysts expect an EPS of $0.07. Investors are keen on the announcement, hoping for positive results and guidance. Historically, Nidec's stock price has reacted to earnings results, with a 1.23% increase following the last quarter's EPS beat.

Portfolio Pulse from Benzinga Insights

October 22, 2024 | 3:01 pm

Nidec (OTC:NJDCY) reported Q1 earnings per share of $0.16, beating the analyst estimate of $0.13. Sales were $4.16 billion, also surpassing the $4.05 billion estimate. Despite the beats, EPS decreased by 20% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:13 am

Nidec's board has approved a share repurchase plan for up to 5 million shares to enable agile capital management in response to significant stock price divergence from market trends or changes in the business environment.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 7:19 am

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.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 8:17 am

Nidec Corporation (NJDCY) and Embraer S.A. (ERJ) have received approval for their joint venture to develop an electric propulsion system for the aerospace sector. This partnership could potentially revolutionize the aerospace industry by introducing more sustainable and efficient propulsion systems.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 6:36 am

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%.

Portfolio Pulse from Benzinga Insights

July 19, 2023 | 3:02 pm

The International Energy Agency (IEA) forecasts global oil demand to peak at 105.7 million barrels per day in 2028 due to the rise of electric vehicles (EVs). The demand for oil in transport fuels is expected to decline after 2026, with gasoline demand possibly peaking in 2023. EV sales are predicted to reach 155 million by 2028, displacing significant gasoline and diesel consumption.

Portfolio Pulse from Piero Cingari

June 14, 2023 | 4:30 pm

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