NSK (OTCMKTS:NPSKY) Posts Quarterly Earnings Results, Beats Expectations By $0.08 EPS

NSK (OTCMKTS:NPSKY) issued its quarterly earnings data on Tuesday. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.08, Zacks reports. NSK had a net margin of 2.49% and a return on equity of 3.28%. The company had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.59 billion.

NSK Stock Performance

Shares of NPSKY stock remained flat at $16.74 during trading hours on Thursday. 35 shares of the stock traded hands, compared to its average volume of 372. The company has a 50 day moving average of $15.27 and a 200 day moving average of $13.88. The company has a quick ratio of 1.45, a current ratio of 2.14 and a debt-to-equity ratio of 0.32. NSK has a 52 week low of $8.42 and a 52 week high of $18.45. The stock has a market cap of $4.09 billion, a P/E ratio of 27.44 and a beta of 0.61.

About NSK

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.