On Tuesday, June 29th, Nike (NKE) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of D.
In our video David will take a look at the current state of Nike, their past earnings announcements, and he'll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.
Nike in Focus
Nike, Inc.'s principal business activity involves the design, development and worldwide marketing of high quality footwear, apparel, equipment, and accessory products. NIKE is the one of the largest sellers of athletic footwear and athletic apparel in the world. The company sells its products to retail accounts in the United States and through a mix of independent distributors, licensees and subsidiaries in numerous countries around the world.
Nike is expected to report earnings at $0.49 per share according to the Zacks Consensus Estimate. Last quarter they reported earnings at $0.68 per share, beating expectations by $0.16. Their average EPS surprise is 19.87%.
Nike, Inc. Price, Consensus and EPS Surprise
Nike, Inc. Price, Consensus and EPS Surprise | Nike, Inc. Quote
Bottom Line
How should investors play Nike ahead of their earnings report? For insights on the best options trades, then tune in 10:00am CST today to see David's thoughts.
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Nike, Inc. (NKE): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
