NN Inc (NNBR) Q4 2024 Earnings Report Preview: What To Expect

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Mar 04, 2025

NN Inc (NNBR, Financial) is set to release its Q4 2024 earnings on Mar 5, 2025. The consensus estimate for Q4 2024 revenue is $110.20 million, and the earnings are expected to come in at -$0.22 per share. The full year 2024's revenue is expected to be $466.40 million and the earnings are expected to be -$0.82 per share. More detailed estimate data can be found on the Forecast page.

NN Inc (NNBR, Financial) Estimates Trends

Revenue estimates for NN Inc (NNBR) have stabilized at $466.40 million for the full year 2024. For 2025, revenue estimates have slightly declined from $469.73 million to $469.60 million over the past 90 days. Earnings estimates for NN Inc (NNBR) have remained steady at -$0.82 per share for the full year 2024 and also remained unchanged at -$0.65 per share for 2025 over the past 90 days.

NN Inc (NNBR, Financial) Reported History

In the previous quarter ending September 30, 2024, NN Inc's (NNBR) actual revenue was $113.59 million, which missed analysts' revenue expectations of $120.50 million by -5.74%. NN Inc's (NNBR) actual earnings were -$0.13 per share, which beat analysts' earnings expectations of -$0.18 per share by 28.96%. After releasing the results, NN Inc (NNBR) was flat in one day.

NN Inc (NNBR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by three analysts, the average target price for NN Inc (NNBR) is $6.67, with a high estimate of $7.00 and a low estimate of $6.00. The average target implies an upside of 138.95% from the current price of $2.79.

Based on GuruFocus estimates, the estimated GF Value for NN Inc (NNBR, Financial) in one year is $2.40, suggesting a downside of -13.98% from the current price of $2.79.

Based on the consensus recommendation from two brokerage firms, NN Inc's (NNBR, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.