NSK (NPSKY) Expected to Announce Earnings on Thursday

NSK (OTCMKTS:NPSKY) is projected to post its results after the market closes on Thursday, October 29th. Analysts expect the company to post earnings of $0.1926 per share and revenue of $1.68 billion for the quarter.

NSK (OTCMKTS:NPSKY) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.07. The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.57 billion.

NSK Trading Up 5.3%

Shares of OTCMKTS:NPSKY opened at $14.11 on Wednesday. NSK has a 52-week low of $10.00 and a 52-week high of $18.45. The company has a 50-day simple moving average of $14.01 and a 200 day simple moving average of $14.59.

NSK Company Profile

NSK Ltd. is a Japan-based manufacturer of bearings and precision machinery products. Founded in 1916, the company supplies components used in automotive, industrial machinery, machine tools, semiconductor manufacturing equipment and other applications.

NSK’s product portfolio includes ball bearings, roller bearings, hub units, automotive steering systems, electric power steering components, ball screws, linear guides and other precision motion-control products. Its technologies are designed to support reduced friction, accurate movement, durability and energy efficiency across a range of industrial and transportation applications.

Headquartered in Tokyo, NSK serves customers worldwide through a network of manufacturing, research and development, sales and service operations across Japan, the Americas, Europe and Asia.