NSK (OTCMKTS:NPSKY) Releases Earnings Results, Beats Estimates By $0.03 EPS

NSK (OTCMKTS:NPSKY) announced its earnings results on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.03, Zacks reports. The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.52 billion.

NSK Stock Performance

Shares of NPSKY opened at $15.22 on Wednesday. The company has a 50-day moving average of $12.68 and a two-hundred day moving average of $11.16. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 36.24 and a beta of 0.43. The company has a debt-to-equity ratio of 0.33, a current ratio of 2.04 and a quick ratio of 1.42. NSK has a one year low of $7.29 and a one year high of $15.22.

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.