The earnings call presented a mixed outlook with growth in the North American market and cost-cutting measures as positive aspects. However, significant challenges such as the termination of the Honda integration, declining financial performance, and market difficulties in China contribute to a balanced sentiment.
Company Guidance
During the Nissan Financial Results call for the third quarter of fiscal year 2024, CFO Jérémie Papin provided detailed financial guidance. He reported a net revenue of JPY 9.1 trillion, an operating profit of JPY 64 billion, and a net income of JPY 5.1 billion for the first nine months. Retail sales decreased by less than 2% year-to-date to 2.4 million units, with growth in North America offsetting declines in Japan and Europe. The full-year outlook maintains sales and production volume targets at 3.4 million units and 3.2 million units, respectively, but net revenue was revised down by JPY 200 billion to JPY 12.5 trillion. Operating profit was reduced by JPY 30 billion to JPY 120 billion, with an operating margin of 1%. Additionally, Nissan anticipates a JPY 100 billion restructuring cost to be finalized in Q4. Key financial performance indicators showed a flat net revenue of JPY 9 trillion, a negative operating margin of 1.8%, and a negative auto free cash flow of JPY 506 billion.
North American Market Growth
Retail sales in North America increased by 2.4% year-to-date and nearly 10% in Q3, driven by new models.
Cost Reduction Initiatives
Plans to reduce SG&A expenses by JPY 200 billion and manufacturing costs by JPY 100 billion through restructuring and plant closures.
Focus on New Models
Launch of new models like the updated Note Aura, INFINITI QX80, Armada, and the upcoming new LEAF and Rogue plug-in hybrid.
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Nissan Motor Co (JP:7201) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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JP:7201 Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 13, 2025
¥416.50
¥415.10
-0.34%
Nov 07, 2024
¥401.20
¥410.00
+2.19%
Jul 25, 2024
¥521.40
¥485.00
-6.98%
May 09, 2024
¥571.20
¥576.50
+0.93%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Nissan Motor Co Ltd (JP:7201) report earnings?
Nissan Motor Co Ltd (JP:7201) is schdueled to report earning on May 08, 2025, TBA Not Confirmed.
What is Nissan Motor Co Ltd (JP:7201) earnings time?
Nissan Motor Co Ltd (JP:7201) earnings time is at May 08, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.