Investors are Digesting These Financial Stock Earnings Insights
NN Inc. (NASDAQ:NNBR) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $-0.06 in the quarter versus EPS of $0.21 in the year-earlier quarter. Revenue Decreased 49.34% to $48.8 million from the year-earlier quarter.
NN Inc. reported adjusted EPS loss of $0.06 per share. By that measure, the company missed the mean analyst estimate of $0.16. It missed the average revenue estimate of $84.68 million.