Nintendo (NTDOY) Projected to Post Quarterly Earnings on Tuesday

Nintendo (OTCMKTS:NTDOY) is projected to issue its results before the market opens on Tuesday, February 3rd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $837.8052 billion for the quarter.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The firm had revenue of $3.42 billion for the quarter, compared to the consensus estimate of $464.35 billion. Nintendo had a net margin of 21.10% and a return on equity of 12.26%. On average, analysts expect Nintendo to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Nintendo Trading Down 5.4%

Shares of OTCMKTS:NTDOY opened at $15.40 on Friday. The firm has a 50 day moving average of $17.75 and a 200-day moving average of $20.59. Nintendo has a 12 month low of $15.25 and a 12 month high of $24.92. The stock has a market capitalization of $80.00 billion, a PE ratio of 29.06 and a beta of 0.58.

Analyst Upgrades and Downgrades

NTDOY has been the subject of several research analyst reports. Freedom Capital upgraded shares of Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 22nd. Wolfe Research upgraded Nintendo from an “underperform” rating to a “peer perform” rating in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded Nintendo from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Three investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy”.

About Nintendo

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.