We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
On Tuesday, September 27th, Nike (NKE - Free Report) will release its Q2 earnings results after the bell. The company is a Zacks Rank #3 (Hold), and they were upgraded within the last 30 days due to a upward revisions in their earnings estimates.
Dave will investigate Nike’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 Nike ahead of earnings.
To watch this premium stream, you can sign-up to Dave’s new service, Zacks Live Trader, for $9.99 a month. He’ll have one premium stream every week.
Nike in Focus
Nike’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 $0.56 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $0.49 per share beating the Zack’s Consensus Estimate by $0.01 per share, and they have an average surprise of 8.25% over the last four quarters.
Nike is trading around $55.76 a share, and they are near a 52-week low which is $51.48 per share.
The Shoes and Retail Apparel industry is in the Bottom 34% of our Zacks Industry Rank. The apparel and shoe industry can be very finicky at times due to broad economic conditions, and due to strong global competition.
Nike is in a very competitive sector including major competitors such as Adidas (ADDYY - Free Report) and Skechers (SKX - Free Report) . Therefore, investors need to keep in mind Nike has some tough competition.
Bottom Line
Will David be Bearish or Bullish on Nike? David will be giving us his earnings predictions when he goes live on Monday.
But how should investors play Nike ahead of their earnings report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1pm Central time on Monday by signing up for Zacks Live Trader.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
The Best Options Trade for Nike (NKE) Earnings
On Tuesday, September 27th, Nike (NKE - Free Report) will release its Q2 earnings results after the bell. The company is a Zacks Rank #3 (Hold), and they were upgraded within the last 30 days due to a upward revisions in their earnings estimates.
Dave will investigate Nike’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 Nike ahead of earnings.
To watch this premium stream, you can sign-up to Dave’s new service, Zacks Live Trader, for $9.99 a month. He’ll have one premium stream every week.
Nike in Focus
Nike’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 $0.56 per share according to the Zacks Consensus Estimate. Last quarter they reported an earnings at $0.49 per share beating the Zack’s Consensus Estimate by $0.01 per share, and they have an average surprise of 8.25% over the last four quarters.
NIKE INC-B Price and EPS Surprise
NIKE INC-B Price and EPS Surprise | NIKE INC-B Quote
Nike is trading around $55.76 a share, and they are near a 52-week low which is $51.48 per share.
The Shoes and Retail Apparel industry is in the Bottom 34% of our Zacks Industry Rank. The apparel and shoe industry can be very finicky at times due to broad economic conditions, and due to strong global competition.
Nike is in a very competitive sector including major competitors such as Adidas (ADDYY - Free Report) and Skechers (SKX - Free Report) . Therefore, investors need to keep in mind Nike has some tough competition.
Bottom Line
Will David be Bearish or Bullish on Nike? David will be giving us his earnings predictions when he goes live on Monday.
But how should investors play Nike ahead of their earnings report? For insights on the best options trades, make sure to watch Dave Bartosiak at 1pm Central time on Monday by signing up for Zacks Live Trader.