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Nissan Motor Co ( (JP:7201) ) has shared an update.
Nissan reported a decline in financial performance for the third quarter of fiscal year 2024, with decreased net revenue and profits attributed to lower unit sales, increased sales incentives, and inflation. Consequently, Nissan revised its full fiscal year 2024 forecast downward, anticipating a net loss due to volume revision and increased incentives, despite some positive impact from foreign exchange rates.
More about Nissan Motor Co
Nissan Motor Co., Ltd. operates in the automotive industry, producing a range of vehicles and focusing on sustainable mobility. It has significant market presence, including a joint venture in China.
YTD Price Performance: -16.45%
Average Trading Volume: 73,797
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.34B
For an in-depth examination of 7201 stock, go to TipRanks’ Stock Analysis page.
