Thursday, December 15, 2011

Forbes Earnings Preview: Nike

Forbes Earnings Preview: Nike

(NKE) will news a second entertain gain on Tuesday, Dec 20, 2011.

What to Expect:

The normal guess is for net income of 98 cents per share, a arise of 4.3% from a a same entertain a year ago. For a mercantile year, analysts are awaiting gain of $4.99 per share.

Revenue is projected to be 16.3% above a year-earlier sum of $4.84 billion during $5.63 billion for a quarter. Revenue is projected to come in during $23.81 billion for a year.

Analyst Ratings:

The infancy of analysts (66.7%) rate Nike as a buy. That commission is still next a meant researcher rating of a nearest 10 competitors, that normal 75% buys. Analysts have turn some-more confident about a batch recently and a series of buy ratings has risen somewhat over a past 3 months.

Trends to Watch For:

The association has seen net income arise in 3 true quarters. In a many new quarter, net income rose by 15.4% from a year-earlier period. Net income rose 13.8% in a entertain before that, and 5.4% in a third entertain of a final mercantile year.

Revenue has increasing for 4 buliding in a row. Revenue rose 17.5% to $6.08 billion in a initial quarter. Looking behind further, income increasing 13.6% year-over-year in a fourth entertain of a final mercantile year, 7.3% in a third entertain of a final mercantile year, and 9.9% in a second entertain of a final mercantile year.

Competitors:

Nike designs and markets footwear, apparel, and jaunty equipment. One of Nike's categorical competitors in a textiles, attire and oppulance products attention is Deckers Outdoor (DECK). Other competitors in a consumer discretionary zone include: Crocs (CROX), SKECHERS USA (SKX), and K-Swiss (KSWS).

Recent Price Movement: Over a past quarter, a batch cost has increasing from $89.43 on Sep 16, 2011 to $94.39.

Earnings estimates supposing by Zacks.

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News referensi http://news.yahoo.com/forbes-earnings-preview-nike-161327132.html

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