5min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Why Nike’s earnings are critical for growth investors

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Nike Expected to Generate $3.13 for 2023

Nike's expected to generate 65 cents a share on 12.6 billion in sales, which means a more based on that, the margins are if you generated basically the same revenue and we put 92 cents an earnings last quarter. If I had a bet, if I was a betting man, I'd say 90% chance that they're going to beat that number. It doesn't mean I would hold on Nike for the long term because again, you want to see those earnings go up.

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