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Nomura to Report Q2 Earnings: What's in Store for the Stock?

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Key Takeaways

  • Nomura is set to report fiscal Q2 earnings on Oct. 28, with EPS expected to decline 9.1% y/y to 20 cents.
  • Healthy equity trading, improving forex businesses and steady client engagement may support NMR's results.
  • Wealth management inflows and higher management fees may aid Nomura, while softer rates trading is worrisome.

Nomura Holdings, Inc. (NMR - Free Report) is scheduled to announce second-quarter fiscal 2027 (ended Sept. 30) results on Oct. 28, before market open. The company’s quarterly earnings are expected to have declined on a year-over-year basis.

In the last reported quarter, NMR’s earnings surpassed the Zacks Consensus Estimate. Results benefited from an increase in revenues. However, a rise in expenses was a headwind.

Nomura does not have an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in only two of the trailing four quarters, the average surprise being 2.8%.

Nomura Holdings Inc ADR Price and EPS Surprise

Nomura Holdings Inc ADR Price and EPS Surprise

Nomura Holdings Inc ADR price-eps-surprise | Nomura Holdings Inc ADR Quote

Factors Likely to Influence NMR in Q2

The company’s performance for the quarter ended Sept. 30 is likely to have benefited from healthy equity trading activity, improving foreign exchange and emerging markets businesses, and steady client engagement. However, softer rates trading and moderation in wholesale activity from the preceding quarter are likely to have partly offset these positives.

NMR’s Wealth Management division is expected to have gained from continued inflows into recurring revenue assets, demand for investment products and growth in fee-based revenues.

The Investment Management division is likely to have benefited from a higher asset base and increased management fees. Meanwhile, investment banking activities and steady lending demand are anticipated to have supported revenues.

What Our Model Predicts for NMR

According to our proven model, it cannot be conclusively predicted whether Nomura will be able to beat the Zacks Consensus Estimate for earnings this time. This is because it does not have the right combination of the two key ingredients — a positive Earnings ESP and a Zacks Rank #3 (Hold) or better.

You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.

Earnings ESP: The Earnings ESP for Nomura is 0.00%.

Zacks Rank: The company currently carries a Zacks Rank #2 (Buy).

The Zacks Consensus Estimate for Nomura’s quarterly earnings is pegged at 20 cents per share, which has been unchanged over the past seven days. The figure indicates a decline of 9.1% from the year-ago quarter’s actual.

Finance Stocks Worth Considering

Here are a couple of finance stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time:

The Earnings ESP for Robinhood Markets (HOOD - Free Report) is +2.39% and it flaunts a Zacks Rank #1 (Strong Buy) at present. The company is expected to report third-quarter 2026 results on Oct. 27. You can see the complete list of today’s Zacks #1 Rank stocks here.

Over the past seven days, the Zacks Consensus Estimate for HOOD’s quarterly earnings has been unchanged at 55 cents per share.

BGC Group, Inc. (BGC - Free Report) is scheduled to announce quarterly results on Nov. 5. The company currently has an Earnings ESP of +1.49% and a Zacks Rank #2.

Quarterly earnings estimates for BGC have been unchanged at 34 cents per share over the past week.

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