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 May 2, 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 April 29 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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