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Nissan Revises FY2024 Financial Forecast Amid Restructuring
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Nissan Revises FY2024 Financial Forecast Amid Restructuring

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Nissan Motor Co ( (JP:7201) ) just unveiled an announcement.

Nissan Motor Co., Ltd. has revised its financial forecast for fiscal year 2024, reducing its net sales and operating profit projections significantly due to anticipated restructuring costs expected to finalize in the fourth quarter. This revision indicates a challenging fiscal outlook for Nissan, highlighting potential impacts on its financial performance and market positioning.

More about Nissan Motor Co

Nissan Motor Co., Ltd. operates in the automotive industry, focusing on the manufacturing and sale of vehicles and automotive products. The company is a prominent player in the global automotive market, known for its innovation and diverse range of cars.

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.

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