Nitto Denko (NDEKY) Projected to Post Quarterly Earnings on Friday

Nitto Denko (OTCMKTS:NDEKY - Get Free Report) is expected to issue its resultson Friday, April 24th. Analysts expect the company to announce earnings of $0.2946 per share and revenue of $1.5286 billion for the quarter.Nitto Denko (OTCMKTS:NDEKY - Get Free Report) last released its quarterly earnings results on Monday, January 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.02. Nitto Denko had a net margin of 13.14% and a return on equity of 12.71%. The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.64 billion. Nitto Denko Trading Up 2.2%OTCMKTS NDEKY opened at $20.78 on Friday. The firm's fifty day simple moving average is $21.25 and its two-hundred day simple moving average is $23.16. Nitto Denko has a 12-month low of $16.40 and a 12-month high of $26.48. The firm has a market capitalization of $14.10 billion, a P/E ratio of 15.74 and a beta of 0.94. Nitto Denko Company Profile (Get Free Report)Nitto Denko Corporation, trading over‐the‐counter in the U.S. under the symbol NDEKY, is a Japan‐based manufacturer specializing in advanced materials and components. The company's core offerings include pressure-sensitive adhesive tapes, optical films, and functional polymers used across a broad spectrum of industries. With a focus on innovation, Nitto Denko develops solutions for electronics, automotive, and healthcare markets, leveraging proprietary coating, lamination and microfabrication technologies. The company's product portfolio spans display materials—such as polarizing films for LCD panels—semiconductor device protection tapes, thermal interface materials for heat dissipation, and a range of industrial adhesive products.Featured ArticlesFive stocks we like better than Nitto DenkoThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Nitto Denko Right Now?Before you consider Nitto Denko, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Nitto Denko wasn't on the list.While Nitto Denko currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here