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Nike earnings preview: Why analysts are trimming profit forecasts

Por: MarketWatch Business September 24, 2022

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See also: With the U.S. economy faring relatively well and pushing the dollar higher as compared to other currencies, some analysts are trimming their estimates on Nike for the quarter or the year. Analysts at Credit Suisse said in research note Friday that they were lowering their first-quarter earnings-per-share estimates for Nike to 90 cents from 95 cents, and their full-year estimates to $3.60 from $3.70. The cuts were mainly due to the... + full article



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