NIPPON Stl & SU/S (NSSMY) Issues Earnings Results

NIPPON Stl & SU/S (OTCMKTS:NSSMY) released its quarterly earnings data on Friday. The basic materials company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.25, Morningstar.com reports. The firm had revenue of $13.12 billion during the quarter. NIPPON Stl & SU/S had a net margin of 3.84% and a return on equity of 6.25%.

NIPPON Stl & SU/S stock opened at $18.46 on Friday. The firm has a market capitalization of $17.54 billion, a price-to-earnings ratio of 7.63 and a beta of 1.44. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.14 and a quick ratio of 0.47. NIPPON Stl & SU/S has a 12 month low of $17.88 and a 12 month high of $27.55.

Separately, ValuEngine downgraded shares of NIPPON Stl & SU/S from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 23rd.

About NIPPON Stl & SU/S

Nippon Steel & Sumitomo Metal Corporation engages in steelmaking and steel fabrication businesses worldwide. It operates in five segments: Steelmaking and Steel Fabrication, Engineering and Construction, Chemicals, New materials, and System Solutions. The company offers steel plates; hot- and cold-rolled steel sheets and coils, coated steel sheets, color coated steel sheets, electrolytic tin plates, and electrical steel sheets; bar and rod materials; and structural steel products.

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Earnings History for NIPPON Stl & SU/S (OTCMKTS:NSSMY)

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