Nike Q1 Earnings Preview: China, North America In Focus, Analyst Says 'Not Much To Get Excited About Yet' With CEO Change
Portfolio Pulse from Chris Katje
Nike is set to report its Q1 earnings with a focus on China and North America. Analysts expect lower revenue and earnings per share compared to last year. The recent CEO change to Elliot Hill has led to raised price targets, but analysts remain cautious about immediate impacts. Nike's stock has been volatile, and the upcoming analyst day in November is a key event to watch.
September 30, 2024 | 9:45 pm
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Nike's Q1 earnings report is expected to show a decline in revenue and EPS compared to last year. The new CEO, Elliot Hill, has led to raised price targets, but analysts remain cautious about immediate impacts. The stock has been volatile, and the upcoming analyst day in November is a key event to watch.
Nike's upcoming earnings report is expected to show a decline in both revenue and EPS, which could lead to short-term volatility in the stock price. The recent CEO change has led to raised price targets, but analysts are cautious about immediate impacts. The stock has been volatile, and the upcoming analyst day in November is a key event to watch for potential future guidance.
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