NKE reports earnings on December 18th after market close. EPS forecasts are $0.61 down from the reported $0.7 last quarter. With strong demand for online sales and a recent surge in the stock's price to a new $140.45 ATH, look for NKE to surge in the lead up to earnings. The strength of the brand's international presence could drive a significant earnings beat this quarter. Good RR setup here on this trade.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.