Nomura Research Institute (NRILY) Expected to Announce Quarterly Earnings on Friday

Nomura Research Institute (OTCMKTS:NRILY) is expected to issue its resultson Friday, April 24th. Analysts expect the company to announce earnings of $31.34 per share and revenue of $227.0004 billion for the quarter.

Nomura Research Institute (OTCMKTS:NRILY) last issued its quarterly earnings data on Thursday, January 29th. The company reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.01. The company had revenue of $1.33 billion for the quarter. Nomura Research Institute had a return on equity of 22.45% and a net margin of 13.17%. On average, analysts expect Nomura Research Institute to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nomura Research Institute Price Performance

Shares of NRILY opened at $32.17 on Thursday. The stock’s 50-day moving average is $27.36 and its two-hundred day moving average is $34.05. The stock has a market cap of $18.45 billion, a PE ratio of 26.15, a P/E/G ratio of 1.82 and a beta of 0.70. Nomura Research Institute has a 12 month low of $22.73 and a 12 month high of $43.20.

Analyst Upgrades and Downgrades

NRILY has been the topic of a number of recent research reports. Zacks Research upgraded Nomura Research Institute from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Jefferies Financial Group upgraded Nomura Research Institute from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Nomura Research Institute presently has an average rating of “Moderate Buy”.

Nomura Research Institute Company Profile

Nomura Research Institute, Ltd. (NRI) is a Tokyo-based provider of management consulting and information technology services. Founded in 1965, the firm combines industry research, strategic advisory and systems development to help corporate and public-sector clients address complex business and technology challenges. NRI is known for integrating consulting insight with large-scale system integration, outsourcing and software solutions to support digital transformation initiatives.

NRI’s core activities include management and IT consulting, system integration, application development, and IT outsourcing.