NIKE (NKE)
EARNINGS RELEASE - JUNE 25 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .09/share REV: 7,520/M
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LAST QTR: EPS: .59/share ACTUAL: .53/share (MISS)
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NEXT QTR: EPS: .66/share REV: 9,970/M
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FULL YR: EPS: 2.18/Share REV: 38,450/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 68% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 15.42, -2.7, 6.43
EXPECTED JUMP MOVE: 10%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Among the Dow Jones stocks, Apple and Microsoft are among the top stocks to buy and watch in January 2021.
Nike (NYSE:NKE) showed a loss in earnings since Q1, totaling $1.58 billion. Sales, on the other hand, increased by 6.13% to $11.24 billion during Q2. In Q1, Nike earned $1.77 billion and total sales reached $10.59 billion.What Is ROCE? Changes in earnings and sales indicate shifts in Nike’s Return on Capital Employed, a measure of yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q2, Nike posted an ROCE of 0.15%.View more earnings on NKEIt is important to keep in mind ROCE evaluates past performance and is not used as a predictive tool. It is a good measure of a company’s recent performance, but several factors could affect earnings and sales in the near future.ROCE is an important metric for the comparison of similar companies. A relatively high ROCE shows Nike is potentially operating at a higher level of efficiency than other companies in its industry. If the company is generating high profits with its current level of capital, some of that money can be reinvested in more capital which will generally lead to higher returns and earnings per share growth.In Nike’s case, the positive ROCE ratio will be something investors pay attention to before making long-term financial decisions.Q2 Earnings Recap Nike reported Q2 earnings per share at $0.78/share, which beat analyst predictions of $0.62/share.See more from Benzinga * Click here for options trades from Benzinga * Looking Into Energy Transfer’s Return On Capital Employed * Looking Into GoPro’s Return On Capital Employed(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Jesse Einhorn, senior economist at StockX, spoke to Yahoo Finance about the platform’s growth and what might lie ahead for the company in 2021.
Nike (NKE) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues.
In this article, we are going to list the 13 largest gay pride parades in the world. Click to skip ahead and jump to the 5 largest gay pride parades in the world. Gay pride parades are also called pride marches, pride events, and pride celebrations. It normally includes a series of occasions and frequently […]
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Avg Daily Volume: 7,965,562 Market Cap: 122.81B
Sector: Consumer Goods Short Interest: 1.32
Ticker delayed 20 minutes
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