Nike Is Down 45% This Year Despite Strong Performance: What Will Today’s Earnings Call Reveal?
Nike (NYSE: NKE) will report its earnings for the fiscal first quarter of 2023 on Thursday after the market closes.
Earnings Scheduled For September 29, 2022
Companies Reporting Before The Bell
• Antelope Ent Hldgs (NASDAQ:AEHL) is expected to report earnings for its first quarter.
Tesla, Nike And 3 Stocks To Watch Heading Into Thursday
With US stock futures trading lower this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
Bitcoin Tops This Major Level, Here Are Other Crypto Movers That Should Be On Your Radar Today
Bitcoin (CRYPTO: BTC), the oldest cryptocurrency in the world, traded higher, climbing above the $19,000 level this morning.
Analyzing Nike’s Short Interest
Nike's (NYSE:NKE) short percent of float has risen 19.86% since its last report. The company recently reported that it has 17.25 million shares sold short, which is 1.75% of all regular shares that are available for trading.
Just DON’T Do it! As The Dollar Get Stronger, Nike’s Earnings Get Weaker
The U.S. Dollar Index (DXY), which measures the strength of the dollar against a host of major currencies, is reaching 20-year highs and that's bad news for businesses like Nike Inc (NYSE: NKE), which releases earnings on Thursday.
This Analyst Slashes PT On Lyft By 68%, Plus Telsey Advisory Group Predicts $125 For Nike
UBS cut Lyft, Inc. (NASDAQ: LYFT) price target from $50 to $16. Lyft shares fell 3.7% to $13.47 in pre-market trading.
Telsey Advisory Group Maintains Outperform on Nike, Lowers Price Target to $125
Telsey Advisory Group analyst Cristina Fernandez maintains Nike (NYSE:NKE) with a Outperform and lowers the price target from $130 to $125.