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Day After: Still Digesting Big Sell-Off After Rate Decision, Awaiting Nike Earnings
Thursday, December 20, 2018 - 11:49am | 2362Read More...(Thursday Market Open) A day after the Fed hiked rates and stocks fell to new lows for the year, the dominant theme seems to be rehashing what the Fed said and what it might mean for the coming months. There’s a sense that even though the Fed stepped back from three hikes in 2019 and now only...
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Nike Guidance Is Here, And It's Not As Bad As We Thought
Friday, June 30, 2017 - 10:16am | 506Read More...Nike Inc (NYSE: NKE) reported an encouraging fiscal fourth-quarter earnings report after Thursday's market close, but as is the case with the footwear and apparel company, management only offers guidance during its post earnings conference call. But once management issued its full year guidance for...
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Wall Street Reacts To Nike's Q3 Results
Wednesday, March 22, 2017 - 2:50pm | 844Read More...Nike Inc's (NYSE: NKE) revenue miss in its third quarter earnings report resulted in a more than 5 percent decline in the stock. As investors sent a clear signal they aren't impressed with the report and the company's outlook, were Wall Street analysts equally as disappointed? Don...
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Nike's Sales Miss: Always Darkest Just Before The Dawn
Wednesday, March 22, 2017 - 11:16am | 313Read More...Nike Inc's (NYSE: NKE) disappointing earnings report isn't reason enough for Michael Binetti of UBS to throw in the towel. Binetti maintained a Buy rating on Nike's stock with a price target lowered to $63 from $67, although he did acknowledge a "sobering outlook" in the near...
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The Sell-Side Reaction To Nike's Q2
Thursday, December 22, 2016 - 10:21am | 500Read More...Shares of Nike Inc (NYSE: NKE) gained nearly 1 percent on Wednesday following its much anticipated second-quarter earnings results, which included top- and bottom-line beats. Here is a summary of how Wall Street analysts reacted to the print. Morgan Stanley Morgan Stanley's Jay Sole maintains an...
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Under Armour Disappoints; How Will The Rest Of Athletic Apparel Earnings Pan Out?
Tuesday, July 26, 2016 - 1:14pm | 293Read More...Shares of Under Armour Inc (NYSE: UA) were trading lower by more than 5 percent on Tuesday after the company reported its Q2 results. Under Armour earned $0.01 per share in Q2 on revenue of $1.0 billion. Wall Street analysts were expecting the company to earn $0.02 per share on revenue of $995....
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Competition From Under Armour And Adidas Could Continue To Weigh On Nike
Wednesday, June 29, 2016 - 9:14am | 314Read More...Nike Inc (NYSE: NKE) saw its stock trade lower by nearly 7 percent after Tuesday's market close in reaction to a concerning fourth quarter earnings print. Nike's ongoing headwinds were highlighted in a research note by Morgan Stanley's Jay Sole. 3 Signs Of Headwinds According to Sole, there are...
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Is A Protracted And Undisclosed SEC Probe To Blame For Nike's Earnings Miss?
Friday, December 19, 2014 - 9:42am | 1432Read More...In April-2014 we confirmed undisclosed SEC investigative activity at Nike (NYSE: NKE). A recently received data point reaffirms that risk. With the earnings miss, it's time Nike management speak to this. The Probes Reporter™ Watch List tracks those companies involved in...
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Earnings Preview for Nike
Saturday, June 25, 2011 - 8:24am | 312Read More...Nike (NYSE: NKE) will be reporting its fourth-quarter fiscal 2011 results Monday, June 27, after the closing bell. The question for investors is whether the world's largest athletic footwear maker will bounce back from its unexpected earnings miss in the third quarter, following which the stock...
