Investing.com - Nippon ADR reported on Wednesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Nippon ADR announced earnings per share of ¥0.2434 on revenue of ¥28.53B. Analysts polled by Investing.com anticipated EPS of ¥0.2434 on revenue of ¥28.34B.
Nippon ADR shares are up 2.84% from the beginning of the year, still down 5.61% from its 52 week high of ¥28.00 set on February 17. They are outperforming the EUR/USD which is down 0% from the start of the year.
Nippon ADR shares lost 2.57% in pre-market trade following the report.
Nippon ADR follows other major Services sector earnings this month
Nippon ADR's report follows an earnings beat by Amazon.com on April 29, who reported EPS of ¥15.79 on revenue of ¥108.52B, compared to forecasts EPS of ¥9.54 on revenue of ¥104.51B.
Visa A had beat expectations on April 27 with second quarter EPS of ¥1.38 on revenue of ¥5.73B, compared to forecast for EPS of ¥1.27 on revenue of ¥5.56B.
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