Analysts Estimate Nike (NKE) to Report a Decline in Earnings: What to Look Out for
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Analysts predict that Nike (NKE) will report a decline in earnings in its upcoming report, lacking the necessary factors for an earnings beat.
December 12, 2024 | 4:15 pm
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Analysts forecast a decline in Nike's earnings, indicating the company may not meet expectations in its upcoming report.
The article highlights that Nike is expected to report a decline in earnings, which is a negative indicator for the stock price. The lack of key factors for an earnings beat suggests that the company may not meet market expectations, potentially leading to a short-term decrease in stock price.
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