In the most recent buying and selling session, Nike (NKE) closed at $90.92, marking a -0.63% transf
In the most recent buying and selling session, Nike (NKE) closed at $90.92, marking a -0.63% transfer from the day gone by. This transfer lagged the S&P 500’s day by day acquire of 0.41%. Elsewhere, the Dow gained 0.57%, whereas the tech-heavy Nasdaq added 0.7%.
Heading into as we speak, shares of the athletic attire maker had misplaced 0.73% over the previous month, lagging the Client Discretionary sector’s acquire of 0.77% and the S&P 500’s acquire of two.04% in that point.
Wall Avenue will probably be searching for positivity from NKE because it approaches its subsequent earnings report date. On that day, NKE is projected to report earnings of $0.58 per share, which might signify year-over-year progress of 11.54%. In the meantime, the Zacks Consensus Estimate for income is projecting internet gross sales of $10.08 billion, up 7.52% from the year-ago interval.
For the complete yr, our Zacks Consensus Estimates are projecting earnings of $2.97 per share and income of $42.24 billion, which might signify modifications of +19.28% and +7.98%, respectively, from the prior yr.
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