Nikon (OTCMKTS:NINOY) Issues Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Nikon (OTCMKTS:NINOY) announced its quarterly earnings results on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.18), Zacks reports. Nikon had a net margin of 1.98% and a return on equity of 2.01%.

Nikon Trading Down 3.2 %

Shares of Nikon stock opened at $10.13 on Friday. The company has a current ratio of 1.88, a quick ratio of 0.96 and a debt-to-equity ratio of 0.12. The company has a fifty day simple moving average of $10.71 and a 200-day simple moving average of $10.96. The stock has a market cap of $3.51 billion, a price-to-earnings ratio of 40.23 and a beta of 0.54. Nikon has a 12-month low of $9.30 and a 12-month high of $13.07.

Nikon Company Profile

Nikon Corporation manufactures and sells optical instruments in Japan, North America, Europe, China, Thailand, and internationally. It operates through Imaging Products Business, Precision Equipment Business, Healthcare Business, Components Business, and Industrial equipment and Others segments. The Imaging Products Business segment provides digital SLR cameras, compact digital cameras, and interchangeable camera lenses.