Nike shares are trading lower after the company reported Q4 EPS miss on Thursday.
Portfolio Pulse from Benzinga Newsdesk
Nike's shares are trading lower following the company's Q4 earnings per share (EPS) miss reported on Thursday.
June 30, 2023 | 10:57 am
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NEGATIVE IMPACT
Nike's Q4 EPS miss has led to a decrease in the company's share price.
Earnings reports are a significant factor in a company's stock price. Nike's Q4 EPS miss indicates that the company did not meet analysts' expectations, which often leads to a decrease in share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100