A Preview Of Nike's Earnings
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) is set to release its latest quarterly earnings report on June 29, 2023. Analysts estimate an earnings per share (EPS) of $0.67. Last quarter, Nike beat EPS by $0.24, but this was followed by a 4.86% drop in the share price. Shares of Nike were trading at $113.61 as of June 27, and over the last 52-week period, shares are up 10.93%.
June 28, 2023 | 2:00 pm
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NEUTRAL IMPACT
Nike's upcoming earnings report could impact its stock price. Last quarter's EPS beat was followed by a 4.86% drop in share price. The stock is currently trading at $113.61.
Nike's earnings report is a significant event that could influence its stock price. Last quarter, despite beating EPS estimates, the stock price dropped by 4.86%. This suggests that investors' reactions to earnings reports are not always predictable and can be influenced by factors such as guidance and market sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100