Nippon ADR reported on Friday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Nippon ADR announced earnings per share of ¥0.11 on revenue of ¥29.15B. Analysts polled by anticipated EPS of ¥0.11 on revenue of ¥28.71B. That with comparison to EPS of ¥0.3 on revenue of ¥28.27B in the same period a year before. Nippon ADR had reported EPS of ¥0.63 on revenue of ¥27.08B in the previous quarter. Analysts are expecting EPS of ¥0.63 and revenue of ¥26.58B in the upcoming quarter.
Nippon ADR shares are down 62.11% from the beginning of the year , still down 18.33% from its 52 week high of ¥27.00 set on February 6. They are under-performing the EUR/USD which is down 0% year to date.
Nippon ADR follows other major Services sector earnings this month
Nippon ADR's report follows an earnings missed by Amazon.com on April 30, who reported EPS of ¥5.01 on revenue of ¥75.45B, compared to forecasts EPS of ¥6.16 on revenue of ¥73.74B.
Visa A had beat expectations on April 30 with second quarter EPS of ¥1.39 on revenue of ¥5.85B, compared to forecast for EPS of ¥1.34 on revenue of ¥5.72B.
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