Nike, Inc. (NYSE:NKE) seller of athletic footwear, apparels and accessories, is reporting fourth quarter earnings results on Thursday 25th June 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.09 per share.
For the full year, analysts predict revenues of $ 38453.50 million, while looking forward to income of $ 2.18 per share.
Stock Performance
According to the previous trading day, closing price of NKE was $ 100.08, representing a 66.80 % increase from the 52 week low of $ 60.00 and a 5.25 % decrease over the 52 week high of $ 105.62.
The company has a market capital of $ 155.63 billion and is part of the Consumer Cyclical sector and Footwear & Accessories industry.
Recent Analyst recommendations
On 18th June 2020, maintained by Robert W. Baird at Neutral rating, with $ 95.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.245 per share on May 7, 2020. The dividend were payable on July 1, 2020 to holders of record as of the close of business on June 1, 2020 and ex-dividend date on May 29, 2020.
Conference Call
Nike, Inc. will be hosting a conference call at 5:00 PM eastern time on 25th June 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website investors.nike.com/investors/news-events-and-reports/?toggle=events
NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. It also markets products designed for kids, as well as for other athletic and recreational uses, such as American football, baseball, cricket, golf, lacrosse, skateboarding, tennis, volleyball, walking, wrestling, and other outdoor activities; and apparel with licensed college and professional team and league logos, as well as sells sports apparel.
