NSK (OTCMKTS:NPSKY) Releases Earnings Results, Beats Estimates By $0.07 EPS

NSK (OTCMKTS:NPSKY) announced its quarterly earnings results on Thursday. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.07, Zacks reports. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.57 billion. NSK had a net margin of 3.24% and a return on equity of 4.45%.

NSK Stock Performance

OTCMKTS:NPSKY opened at $13.54 on Friday. The firm has a market capitalization of $3.31 billion, a PE ratio of 16.31 and a beta of 0.61. The stock’s fifty day moving average is $14.38 and its 200 day moving average is $14.84. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.54 and a current ratio of 2.30. NSK has a fifty-two week low of $9.80 and a fifty-two week high of $18.45.

NSK Company Profile

NSK Ltd. is a Japan-based manufacturer specializing in the design, production and sale of bearings, automotive components and precision machinery. Established in 1916 and headquartered in Tokyo, the company has built a reputation for high-quality rolling bearings, linear motion products and mechatronic systems used in a wide range of industrial and automotive applications.

The company’s product portfolio encompasses deep groove ball bearings, cylindrical roller bearings, spherical roller bearings and thin-section bearings, along with automotive steering and driveline components.