Nomura (NYSE:NMR) Releases Quarterly Earnings Results, Beats Expectations By $0.08 EPS

Nomura (NYSE:NMR) released its earnings results on Wednesday. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.08, Zacks reports. Nomura had a net margin of 6.91% and a return on equity of 7.93%.

Nomura Trading Down 0.8 %

Shares of NYSE:NMR traded down $0.06 during midday trading on Friday, hitting $6.86. 41,088 shares of the stock traded hands, compared to its average volume of 621,103. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. The stock has a market capitalization of $20.36 billion, a PE ratio of 11.62, a P/E/G ratio of 0.43 and a beta of 0.66. Nomura has a one year low of $4.66 and a one year high of $6.99. The business’s 50 day moving average is $6.03 and its two-hundred day moving average is $5.72.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NMR shares. Bank of America began coverage on shares of Nomura in a research report on Tuesday, October 22nd. They issued a “neutral” rating on the stock. StockNews.com raised Nomura from a “hold” rating to a “buy” rating in a research report on Wednesday, December 11th.

Nomura Company Profile

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.