Nike reports earnings today after the market closes. The general consensus is for the company to report a drop of 2 cents for the quarter from 45 cents to 43 cents. Revenue is expected to come in at $8.1 billion up from $7.7 billion for the same quarter in 2015.
Here is my trade done ahead of earnings in Nike Stock. This trade ahead of earnings strategy has been profitable for every trade over the past 2 years in Nike Stock.
Nike Stock (NKE) Handling Of Trade Ahead Of Earnings – Dec 20 2016
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