30.06.2022 12:35

Zacks Earnings Trends Highlights: Nike, Lennar, Oracle, FedEx and General Mills

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For Immediate ReleaseChicago, IL – June 30, 2022 – Zacks Director of Research Sheraz Mian says, "Excluding the hefty contribution from the Energy sector, total Q2 earnings for the rest of the S&P 500 index are expected to be down -4.8% on +8.6% higher revenues."Have Earnings Estimates Come Down Enough?Note: The following is an excerpt from this week's Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>Here are the key points:·         For 2022 Q2, total S&P 500 earnings are expected to increase +2.5% from the same period last year on +10.8% higher revenues and net margin compression of 103 basis points.·         Excluding the hefty contribution from the Energy sector, total Q2 earnings for the rest of the S&P 500 index are expected to be down -4.8% on +8.6% higher revenues.·         Q2 Earnings estimates for the index as a whole are only modestly down since the start of the quarter, but they are down significantly on an ex-Energy basis.Part of the uncertainty in the market at present is related to how earnings estimates should evolve in an aggressive Fed tightening cycle. The market has a sense of what should happen to earnings estimates, but it isn't seeing much of that just yet.The natural order of things is that rising interest rates take the edge off of aggregate demand, causing the economy to start cooling off. Businesses start experiencing this changed ground reality in their normal operations, which shows up in their quarterly numbers and management's guidance.We have started seeing some of that already. For example, recent quarterly results and guidance from the likes of Nike NKE and Lennar LEN could be indicative of many more such reports as the June-quarter reporting cycle really gets going in a couple of weeks. That said, not every early reporting company is missing estimates or guiding lower, as we saw in the results from Oracle ORCL, FedEx FDX and General Mills GIS.To get a sense of the revisions trend, it is instructive to look past the index level aggregate picture and drill a little deeper. The reason we need to do that is the unprecedented positive revisions to the Energy sector as a result of spiking oil and other energy commodity prices. The resulting Energy sector gains have been camouflaging weakening earnings trends in other sectors.This becomes clear if we look at how full-year 2022 earnings estimates for the S&P 500 index have evolved since the start of the year. The reality is that 2022 earnings estimates for half of the 16 Zacks sectors have come down since the start of the year, with the biggest declines for the Consumer Discretionary, Retail and Aerospace sectors.Aggregate Energy sector earnings estimates for the year have increased by +73.4% since the start of the year. Other sectors enjoying significant positive revisions since the start of the year include Basic Materials, Autos, Consumer Staples and Construction.In the aggregate, S&P 500 earnings estimates for the year outside of the Energy sector have been cut -9.8% since the start of the year.It is reasonable to expect estimates to come down further as the economy slows down in response to aggressive tightening. But it is inaccurate to claim that estimates have not come down. They have, as we show above.The Overall Earnings PictureBeyond Q2, the growth picture is expected to modestly improve.As strong as the full-year 2022 earnings growth picture is expected to be, it's worth remembering that a big part of it is due to the unprecedented Energy sector momentum. Excluding the Energy sector, full-year 2022 earnings growth for the remainder of the index drops to only +3.8%.There is a rising degree of uncertainty about the outlook, reflecting a lack of macroeconomic visibility in a backdrop of Fed monetary policy tightening. The evolving earnings revisions trend will reflect this macro backdrop.Why Haven't You Looked at Zacks' Top Stocks? Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.See Stocks Free >>Follow us on Twitter:  https://twitter.com/zacksresearchJoin us on Facebook:  https://www.facebook.com/ZacksInvestmentResearch/Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.Media ContactZacks Investment Research800-767-3771 ext. 9339support@zacks.comhttps://www.zacks.comZacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.Free: See Our Top Stock and 4 Runners Up >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE): Free Stock Analysis Report General Mills, Inc. (GIS): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report FedEx Corporation (FDX): Free Stock Analysis Report Lennar Corporation (LEN): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Nachrichten zu Nike Inc.

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu Nike Inc.

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
29.06.2022Nike OverweightBarclays Capital
28.06.2022Nike OutperformCredit Suisse Group
28.06.2022Nike BuyDeutsche Bank AG
28.06.2022Nike OverweightJP Morgan Chase & Co.
28.06.2022Nike BuyJefferies & Company Inc.
29.06.2022Nike OverweightBarclays Capital
28.06.2022Nike OutperformCredit Suisse Group
28.06.2022Nike BuyDeutsche Bank AG
28.06.2022Nike OverweightJP Morgan Chase & Co.
28.06.2022Nike BuyJefferies & Company Inc.
21.12.2020Nike HoldJefferies & Company Inc.
21.12.2020Nike HoldJefferies & Company Inc.
23.09.2020Nike HoldJefferies & Company Inc.
26.06.2020Nike HoldJefferies & Company Inc.
01.05.2020Nike HoldJefferies & Company Inc.
14.06.2022Nike HoldHSBC
25.06.2021Nike VerkaufenDZ BANK
23.04.2021Nike VerkaufenDZ BANK
22.12.2020Nike VerkaufenDZ BANK
26.06.2020Nike VerkaufenDZ BANK

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Nike Inc. nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
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