Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0.00992532375460816 0.0110596464694206 0.0103034313262123
Stock impact report

Nike faces muted expectations ahead of earnings as UBS flags soft sales trends [Yahoo! Finance]

Nike, Inc. (NKE) 
Last nike, inc. earnings: 3/24 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.nike.com/home/default.aspx
Company Research Source: Yahoo! Finance
Investors are bracing for a subdued earnings report from Nike Inc (NYSE:NKE, XETRA:NKE) , with UBS analysts warning the upcoming release is unlikely to shift sentiment meaningfully as demand remains soft across key regions. UBS said its channel checks point to “lackluster” global sales momentum through March, leading the bank to expect roughly in-line third-quarter earnings per share. However, the brokerage expects Nike's fourth-quarter outlook to disappoint relative to market expectations, forecasting an implied EPS range of $0.03 to $0.18, below the Street's $0.23 estimate. Crucially, UBS does not expect Nike's guidance to signal a meaningful sequential improvement in sales trends. The firm anticipates fourth-quarter revenue will decline by a low-single-digit percentage year-on-year excluding currency effects, compared with an estimated 3% drop in the third quarter. “We don't expect Nike's print to change sentiment or the stock's P/E much,” UBS wrote, adding that options mark Show less Read more
Impact Snapshot
Event Time:
NKE
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NKE alerts
Opt-in for
NKE alerts

from News Quantified
Opt-in for
NKE alerts

from News Quantified