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Why Nike (NKE) is Poised to Beat Earnings Estimates Again(not after today)
Zacks ^ | 8/27/2018 | Zacks Equity Research

Posted on 09/03/2018 3:40:19 PM PDT by grayboots

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Nike (NKE - Free Report) . This company, which is in the Zacks Shoes and Retail Apparel industry, shows potential for another earnings beat.

When looking at the last two reports, this athletic apparel maker has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 19.29%, on average, in the last two quarters.

For the most recent quarter, Nike was expected to post earnings of $0.64 per share, but it reported $0.69 per share instead, representing a surprise of 7.81%. For the previous quarter, the consensus estimate was $0.52 per share, while it actually produced $0.68 per share, a surprise of 30.77%.


TOPICS: Business/Economy; News/Current Events
KEYWORDS: nike
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1 posted on 09/03/2018 3:40:19 PM PDT by grayboots
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To: grayboots

What do you mean, “Not after today”?


2 posted on 09/03/2018 3:51:59 PM PDT by moonhawk (My Basket of Deplorable is Irredeemably mired in the Swamp of Crazy.)
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To: moonhawk

3 posted on 09/03/2018 3:53:23 PM PDT by Governor Dinwiddie ("Nature, Mr. Allnut, is what we are put in this world to rise above.")
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To: grayboots

They have a solid racket.

General sporting goods + limited edition releases that no low-income inner-city folks can possibly live without.

And they can even slap Jordan’s name on shoes, a man that must be damn near 60, and hasn’t played since most 22 year olds were toddlers, and STILL sell them for 200 dollars.


4 posted on 09/03/2018 4:01:17 PM PDT by VanDeKoik
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To: grayboots

5 posted on 09/03/2018 4:01:28 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: Governor Dinwiddie

We have a choice when buying athletic shoes or clothing. I will never buy a Nike product again. My golfing buddies agree that the “swoosh is boosh.” just like the presidential family of Bush
boys, HW, W, and Jebbie. How did we ever vote for those jerks?
Answer: the alternative was worse. President Trump gave us the sensible choice.

Colin has dead eyes, I hope he is broke...


6 posted on 09/03/2018 4:04:46 PM PDT by BatGuano
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To: grayboots

Even though I really like my Nike Air shoes - which I got discount for about $50 - I’m seriously considering throwing them out. I don’t want to be seen sporting the Nike symbol. Eff CK, eff the NFL, and now eff Nike. When it comes to Nike, I think I’ll take a knee rather than support them. “Just do it” ??? Nah, “Just done with it!”


7 posted on 09/03/2018 4:09:10 PM PDT by ThunderSleeps ( Be ready!)
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To: grayboots

Short it 24 hours from now.


8 posted on 09/03/2018 4:09:25 PM PDT by Basket_of_Deplorables (Sessions IS "The Insurance Policy.")
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To: grayboots

I will never buy anything from Nike again.

They can go with kneeler boy into bankruptcy.


9 posted on 09/03/2018 4:27:30 PM PDT by Architect of Avalon
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To: ThunderSleeps

Put an NRA sticker on them and wear them out. Don’t buy any more Nike.


10 posted on 09/03/2018 4:48:05 PM PDT by Cold Heart
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To: grayboots

Nike can go to Hades.


11 posted on 09/03/2018 5:05:11 PM PDT by nonsporting
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To: Cold Heart

“Put an NRA sticker on them and wear them out. Don’t buy any more Nike.”

Best option!!!!! Don’t waste something you already paid for you could, also, get a MAGA patch. I bet a good shoe repair place could sew one on for ya.


12 posted on 09/03/2018 5:10:52 PM PDT by Tomato lover
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To: Governor Dinwiddie

No pig police socks??? How dumb is this company?


13 posted on 09/03/2018 5:11:27 PM PDT by Phillyred
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To: grayboots

Yeah. Not so much. I loved my Nike shoes. No more. Instead purchased some kick butt Adidas today. Will not purchase one more Nike product.


14 posted on 09/03/2018 5:16:27 PM PDT by GOP Poet
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To: Tomato lover

MAGA patch would be more appropriate. I was just remembering YETI products needed covering with NRA stickers and that came to mind first.


15 posted on 09/03/2018 5:27:25 PM PDT by Cold Heart
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To: grayboots

16 posted on 09/03/2018 5:27:52 PM PDT by RightGeek (FUBO and the donkey you rode in on)
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To: RightGeek

#justdon’tbuyit


17 posted on 09/03/2018 5:37:46 PM PDT by Hildy (Don't get bitter, get better.)
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To: moonhawk

New spokesmodel. If I had any, I’d send them back. But shipping is pricey to go to Asia. That’s where they come from right?


18 posted on 09/03/2018 5:38:01 PM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Basket_of_Deplorables

24 hours may be too long, I’m looking at the pre-market in the morning, for a good short play.


19 posted on 09/03/2018 6:10:00 PM PDT by Fireone (Build the gallows first, then the wall!)
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To: Cold Heart

Your suggestion was great. No need to add to the land fill. It would improve the looks in my opinion. I just wanted to stick my 2 cents worth in. Cheers


20 posted on 09/03/2018 7:20:12 PM PDT by Tomato lover
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