NN, Inc. (NNBR) Misses Q3 EPS by 2c, offers outlook
NN, Inc. (NASDAQ: NNBR) reported Q3 EPS of ($0.01), $0.02 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $103.9 million versus the consensus estimate of $113.02 million.
GUIDANCE:
NN, Inc. sees FY2025 revenue of $420-440 million, versus the consensus of $457.3 million.
Adjusted EBITDA to range between $53 to $63 million
Free cash flow to range between $14 to $16 million; guidance assumes receipt of CARES Act refund in 2025
New business wins to range between $60 to $70 million
2026 Outlook
NN expects to have an improving core markets outlook in 2026, supporting net sales growth and profitability.
North American passenger vehicle production outlooks showing some signs of improvement
Commercial vehicle production is forecast to improve in the second half of 2026
Defense and electronics markets are forecast to continue growing for multiple years
Some remaining legacy NN minimal-profit auto business will be rationalized, and this multi-year program will be completed
Over $60 million of new business launches and ramp-ups already in the 2026 forecast
Metal costs are forecast to continue to climb and plateau, causing year-over-year increases again
Some improvement in US home building rates, will benefit NN’s Power Solutions segment
For earnings history and earnings-related data on NN, Inc. (NNBR) click here.
