NIKE Quarterly Earnings Preview
NIKE, Inc. (NYSE:NKE) is expected to report earnings for last fiscal quarter after the closing bell on December 20, 2011. NKE trades an average of 2.2 million shares per day.
52 Week High: $98.25
52 Week Low: $75.05
Book Value: $21.35
Float Short: 0.96%
On average, 14 analysts are expecting a drop of $-0.38 in earnings per share compared to last quarter’s results of $1.36. The number to beat is $0.98 per share, based on the estimated mean earnings. Analyst estimates range between $0.9 and $1.08 per share.
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The current trailing twelve months (ttm) P/E ratio is 20.6. The forward P/E ratio is 18.9.
The company has rising revenue year-over-year of $20.86 billion for 2011 vs. $19.01 billion for 2010. The bottom line has rising earnings year-over-year of $2.13 billion for 2011 vs. $1.91 billion for 2010.The company’s earnings before interest and taxes are rising with an EBIT year-over-year of $2.82 billion for 2011 vs. $2.47 billion for 2010.Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins to make sure that the bottom line is keeping up with the top line.
Here is a look at the fiscal year revenue.
Gross reported revenue compared to the mean estimate (rounded).
Differences are rounded. (Some onetime items are often excluded in reported EPS)’
Reported earnings per share compared to the mean estimate. Differences are rounded.
The total short interest number of shares for NKE
The number of days to cover short interest based on average daily trading volume for NKE.
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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the “confirmed” symbols from earnings.com that I believe to be of the most interest.
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