Watch For Earnings On December 17, 2009: Nike Inc and FedEx
Nike, Inc., (NKE): Founded in 1964, headquartered in Beaverton, Oregon, Nike, Inc., designs, develops, and markets footwear, apparel, equipment and accessory products worldwide.
Market is expecting a profit of 71 cents a share for the quarter ended November 2009, a drop of 9 cents compared to its actual profit of 80 cents a share it posted in the same quarter a year ago. The company posted a profit of $0.99, $0.99, and $1.04 in the quarters ended February 2009, May 2009, and August 2009 respectively.
Shares are currently trading at $64.16 just under its 52 week high of $66.35 with an average volume of about 3.4 million shares per trading day. Nike is in my watch list for short term trading. Watch for earnings on Thursday December 17, 2009.
FedEx Corporation, (FDX): Founded in 1971, headquartered in Memphis, Tenessee, FedEx Corporation, provides transportation, e-commerce, and business services worldwide.
Market is expecting a profit of $1.05 for the quarter ended November 2009, a drop of 53 cents compared to its actual profit of $1.58 a share in the same quarter a year ago. The company posted a profit of $0.31, $0.64 and $0.58 in the quarters ended February 2009, May 2009, and August 2009 respectively.
Shares are currently trading at about $90.56 just under its 52 week high of $90.65 with an average volume of about 3 million shares per trading day. FedEx is in my Watch list for short term trading. Watch for earnings on Thursday December 17, 2009.
Categories: Swing Trading Tags: Earnings, Fedex, Nike
Costco Wholesale Corporation, Is Scheduled To Release Earnings On Thursday December 10, 2009
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Costco Wholesale Corporation, (COST): Founded in 1976, based in Issaquah, Washington, Costco operates members only warehouses that offer a selection of branded and private labeled products.
Market is expecting a profit of 60 cents a share for the quarter ended November 2009, drop of 5 cents a share compared to its actual profit of 65 cents a share it posted in the same quarter a year ago. The company posted a profit of 55 cents a share in the quarter ended February 2009, a profit of 52 cents a share in the quarter ended May 2009 and a profit of 85 cents a share in the quarter ended August 2009.
Currently it is trading at about $59.19 just under its 52 week high of $61.25 with an average volume of about 4 million shares per trading day. COST is in my BUY watch list for short term trading. Watch for earnings on Thursday December 10, 2009 before market open.
Categories: Swing Trading Tags: Costco, Day Trading, Earnings, Swing Trading
