Is Nike A Good Stock To Buy 2024. Nike's sales rose by just 1% in fiscal q2 after inching up by 2% in the. Missing that rally added to a tough period for nike's stock, which has underperformed the market over the past five years.
What is nke’s earnings per share (eps) forecast. Until that happens, and until the industry exits its heavily promotional period, nike seems like a risky growth stock to own for 2024.
Until That Happens, And Until The Industry Exits Its Heavily Promotional Period, Nike Seems Like A Risky Growth Stock To Own For 2024.
Net income was $1.2 billion, down 5 percent, and diluted earnings per share was $0.77, decreasing 3 percent.
We Forecast Earnings Per Share To Come In At $3.73.
February 29, 2024 balance sheet review.
(Nyse:nke) Today Reported Fiscal 2024 Financial Results For Its Second Quarter Ended November 30, 2023.
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What Is Nke's Earnings Per Share (Eps) Forecast.
Use the zacks rank and style scores to find out is nke is right for your portfolio.
But Once These Inflationary Pressures Ease, I Would Expect This To Happen Sometime In H2 2024, Nike Is Positioned To Push Its Operating Margin Back Up To Its.
Will 2024 be much better?
Nike Stock Has Received A Consensus Rating Of Buy.