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The Best Options Trade for Finish Line (FINL) Earnings

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On Friday, September 23rd, Finish Line will release its Q2 earnings results before the bell. The company is currently a Zacks Rank #3 (Hold).

Dave will investigate Finish Line’s past earnings, look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Finish Line ahead of earnings.

Finish Line in Focus

Finish Line is one of the largest mall based specialty retailers of brand name athletic, outdoor and casual footwear, activewear, and accessories in the United States. Their store generally carries a large selection of men's, women's and children's athletic and casual shoes, as well as a broad assortment of activewear and accessories. Brand names offered by them include Nike, Adidas, Reebok, And 1, K-Swiss, New Balance, Asics, Fila and Skechers.

Finish Line is expected to report earnings at $0.53 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $0.23 per share beating the Zack’s Consensus Estimate by $0.01 per share, and they have an average surprise of -381.26% over the last four quarters.

FINISH LINE-CLA Price, Consensus and EPS Surprise

FINISH LINE-CLA Price, Consensus and EPS Surprise | FINISH LINE-CLA Quote

Finish Line is trading around $23.21 a share, and they are near a 52-week high which is $25.92 per share.

The Retail-Apparel and Shoe industry is in the Bottom 42% of our Zacks Industry Rank. The retail shoe industry can be very finicky at times depending on the season, and if broad economic indicators are positive.

Furthermore, Finish Line is in a very competitive sector including major competitors such as Nordstrom (JWN), Foot Locker (FL - Free Report) , and Gap (GPS - Free Report) . Therefore, investors need to keep in mind Finish Line has some tough competition.

Bottom Line

Will David be Bearish or Bullish on Finish Line? David will be giving us his earnings predictions when he goes live on Wednesday.

But how should investors play this company ahead of its report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1pm Central time on Wednesday on our YouTube Channel, and check out our other recent videos for more investing information.


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