$Nike(NKE)$ ππ₯ Swoosh Into NEXT Week: Nike Leads the Earnings Pack! π₯π Kia ora Tiger traders! π―π Get ready to lace up your portfolios because Nike ($NKE) is stepping onto the earnings runway this week! If youβre looking for a market mover, keep your eyes on the swoosh brandβs Q1 earnings coming in hot on Tuesday, 1 October after the close. Iβm waiting for a pullback to buy. π― Nikeβs Current Performance β’ Current Price: $90.03 (as of 27 September 2024) β’ Earnings Forecast: Analysts expect $0.51 per share and revenue to come in around $11.65 billion for the quarter. Thatβs a projected 10% sales drop, thanks to challenges in the Chinese market and rising marketing costs for the 2024 Summer Olympics ππ½ . π Analystsβ Sentiment β’ π’ Strong Buy: 9 β’ π‘
$Nike(NKE)$ ππ₯ Swoosh Into NEXT Week: Nike Leads the Earnings Pack! π₯π Kia ora Tiger traders! π―π Get ready to lace up your portfolios because Nike ($NKE) is stepping onto the earnings runway this week! If youβre looking for a market mover, keep your eyes on the swoosh brandβs Q1 earnings coming in hot on Tuesday, 1 October after the close. Iβm waiting for a pullback to buy. π― Nikeβs Current Performance β’ Current Price: $90.03 (as of 27 September 2024) β’ Earnings Forecast: Analysts expect $0.51 per share and revenue to come in around $11.65 billion for the quarter. Thatβs a projected 10% sales drop, thanks to challenges in the Chinese market and rising marketing costs for the 2024 Summer Olympics ππ½ . π Analystsβ Sentiment β’ π’ Strong Buy: 9 β’ π‘