Nike stock gains after hours as earnings, revenue top estimates
Nike Inc.’s stock rose nearly 8% in extended trading Tuesday after the sporting-goods retailer reported early holiday earnings and sales are tracking solidly higher than Wall Street expected, though inventories remain high and a forecast could still loom.
Analysts surveyed by FactSet had expected on average net earnings of 64 cents a share on revenue of $12.58 billion.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Nike stock jumps after earnings and revenue top expectationsNike earnings and revenue top estimates, but inventories and costs rise
Leer más »
Here are Monday's biggest analyst calls: Tesla, Amazon, Netflix, Moderna, Nike, Coinbase & moreHere are Monday's biggest calls on Wall Street.
Leer más »
Wall Street falls as recession worries persistU.S. stock indexes fell on Monday, led by shares of Tesla and other megapcap companies, as investors feared that the Federal Reserve's monetary policy tightening campaign could push the U.S. economy into a recession.
Leer más »
Tesla gets downgraded on Wall Street over Elon Musk's Twitter antics, banning of journalists | CNN BusinessElon Musk’s management of Twitter, including the banning of multiple journalists, has “severely damaged” market sentiment around Tesla, and risks sparking a backlash from advertisers and consumers, a Wall Street analyst warned on Monday.
Leer más »
Stock Market Today: Stock Futures Wobble; Yen Surges on Bank of Japan ShiftBond yields jumped and the yen surged after the Bank of Japan surprised markets by loosening its yield-curve control policy
Leer más »
Stocks edge lower in uncertain trading on Wall StreetWall Street futures pointed higher early Monday as markets try rebound from back-to-back weekly losses, driven by fears that interest rate hikes by the Federal Reserve and other central banks might tip the U.S. and global economies into recession.
Leer más »