Revenue Update on Nomura Holdings (ADR)(NYSE:NMR)

Nomura Holdings (ADR)(NYSE:NMR) announced the earnings results for Fiscal Year 2017 and Q1. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $3.22B. Analysts estimated a revenue of $12.23B. Earnings per share were $0.12.

In a different note, On Jun 27, 2016, Jefferies said it Downgrades its rating on Nomura Holdings (ADR). The shares have been rated ‘Neutral’ by the firm.

Nomura Holdings (ADR) (NMR) made into the market gainers list on Thursdays trading session with the shares advancing 5.39% or 0.22 points. Due to strong positive momentum, the stock ended at $4.3, which is also near the day’s high of $4.35. The stock began the session at $4.34 and the volume stood at 4,56,067 shares. The 52-week high of the shares is $7.11 and the 52 week low is $3.3278. The company has a current market capitalization of $15,427 M and it has 3,58,77,51,500 shares in outstanding.

Nomura Holdings Inc. (Nomura) is a Japan-based financial services company. The Company operates through three business segments: Retail Asset Management and Wholesale. The Retail segment provides investment consultation services to individual clients in Japan. The Asset Management segment develops and manages investment trusts and provides investment advisory services. The Wholesale segment is engaged in the sales and trading of debt and equity securities derivatives and currencies on a global basis and provides investment banking services such as the underwriting of debt and equity securities as well as mergers and acquisitions and financial advice. Its business lines include retail banking commercial banking payment and settlement retail brokerage trading and sales corporate finance agency services and asset management. Nomura through its subsidiaries operates offices in countries and regions across the world.

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