Nike's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Nike (NYSE:NKE) is set to release its latest quarterly earnings report on September 28, 2023. Analysts estimate an earnings per share (EPS) of $0.75. Last quarter, Nike missed EPS by $0.01, resulting in a 2.65% drop in share price. The company's shares were trading at $90.17 as of September 26, with a 52-week return of -5.37%.
September 27, 2023 | 2:00 pm
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NEUTRAL IMPACT
Nike's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 2.65% drop in share price. The stock is currently trading at $90.17, with a 52-week return of -5.37%.
Nike's stock price could be influenced by its upcoming earnings report. Last quarter, the company missed its EPS estimate, which resulted in a 2.65% drop in share price. Given the negative 52-week return, investors may be bearish going into this earnings release.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100