The Best Options Trade for Finish Line (FINL) Earnings

GPS FL

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.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>