Investing.com - Nomura ADR reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Nomura ADR announced earnings per share of ¥-0.11 on revenue of ¥2.23B. Analysts polled by Investing.com anticipated EPS of ¥0.12 on revenue of ¥2.86B. Nomura ADR had reported EPS of ¥0.17 on revenue of ¥3.09B in the previous quarter.Analysts are expecting EPS of ¥0.14 and revenue of ¥2.92B in the upcoming quarter.
Nomura ADR shares are down 27% from the beginning of the year and are trading at ¥4.04 , down-from-52-week-high.They are under-performing the Nasdaq which is down 0.66% year to date.
Nomura ADR follows other major Financial sector earnings this month
Nomura ADR's report follows an earnings missed by Berkshire Hathaway on Saturday, May 2, 2020, who reported EPS of ¥3608.56 on revenue of ¥26.06B, compared to forecasts EPS of ¥3777.89 on revenue of ¥63.31B.
Mastercard had beat expectations on Wednesday, April 29, 2020 with first quarter EPS of ¥1.83 on revenue of ¥4.01B, compared to forecast for EPS of ¥1.72 on revenue of ¥3.96B.
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