GN Store Nord (GNNDY) Projected to Post Quarterly Earnings on Thursday

GN Store Nord (OTCMKTS:GNNDY) is projected to issue its results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of $0.8320 per share and revenue of $342.80 million for the quarter.

GN Store Nord (OTCMKTS:GNNDY) last announced its earnings results on Wednesday, August 19th. The company reported ($0.69) earnings per share for the quarter, missing the consensus estimate of ($0.28) by ($0.41). GN Store Nord had a negative return on equity of 2.44% and a negative net margin of 4.32%. The business had revenue of $337.72 million for the quarter, compared to analysts’ expectations of $334.16 million. On average, analysts expect GN Store Nord to post $0.79 EPS for the current fiscal year and $1.21 EPS for the next fiscal year.

GN Store Nord Stock Performance

Shares of GNNDY stock opened at $47.52 on Tuesday. The company has a quick ratio of 0.64, a current ratio of 0.94 and a debt-to-equity ratio of 0.78. GN Store Nord has a 52 week low of $39.45 and a 52 week high of $55.78. The stock has a market capitalization of $2.39 billion, a PE ratio of -26.40 and a beta of 1.65. The firm has a 50 day moving average of $47.00 and a two-hundred day moving average of $45.62.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised GN Store Nord from a “strong sell” rating to a “hold” rating in a research report on Friday, July 17th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, GN Store Nord has a consensus rating of “Hold”.

GN Store Nord Company Profile

GN Store Nord A/S is a Danish technology company headquartered in Ballerup, Denmark. Founded in 1869 as the Great Northern Telegraph Company, it has evolved into a global provider of hearing, audio and communications technologies.

Through its GN Hearing business, the company develops and sells hearing aids, accessories and related solutions under brands including ReSound, Beltone and Interton. Its products are designed to support people with hearing loss and are distributed through hearing-care professionals and retail channels in markets around the world.

GN’s GN Audio business provides professional headsets, speakerphones, video-conferencing equipment and related communications software under the Jabra brand.