Nintendo (OTCMKTS:NTDOY) Announces Earnings Results

Nintendo (OTCMKTS:NTDOY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.01), Zacks reports. Nintendo had a return on equity of 16.31% and a net margin of 21.00%. The business had revenue of $2.83 billion for the quarter, compared to analysts’ expectations of $2.94 billion.

Nintendo Trading Down 4.0%

OTCMKTS:NTDOY traded down $0.55 during trading hours on Friday, hitting $13.10. The company had a trading volume of 1,615,288 shares, compared to its average volume of 1,255,687. Nintendo has a 1 year low of $10.18 and a 1 year high of $22.59. The company has a market cap of $67.45 billion, a P/E ratio of 21.48 and a beta of 0.49. The company has a 50-day moving average of $13.17 and a 200 day moving average of $12.94.

Analysts Set New Price Targets

A number of research firms have weighed in on NTDOY. BNP Paribas Exane initiated coverage on shares of Nintendo in a report on Tuesday, September 22nd. They issued a “neutral” rating for the company. Citigroup restated a “buy” rating on shares of Nintendo in a research report on Friday, August 14th. Finally, UBS Group lowered shares of Nintendo from a “neutral” rating to a “sell” rating in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Nintendo has a consensus rating of “Hold”.

View Our Latest Research Report on NTDOY

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About Nintendo

(Get Free Report)

Nintendo Co, Ltd. is a Japanese entertainment company headquartered in Kyoto. Founded in 1889 as a maker of playing cards, it later expanded into video games and became a developer and publisher of interactive entertainment.

The company makes video game hardware, including the Nintendo Switch family of systems, and develops and publishes games for its platforms. Its well-known franchises include Super Mario, The Legend of Zelda, Animal Crossing and Splatoon. Nintendo also extends its intellectual property through mobile games, licensing and location-based attractions.

Nintendo serves customers around the world through its operations in Japan and international subsidiaries and distribution partners.

See Also

Earnings History for Nintendo (OTCMKTS:NTDOY)

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