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NIKE Disappoints!

NIKE Disappoints!

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Straight from Benzinga newsdesk, hosts Brent Slava and Michael O'Connor bring you the market news and stocks to watch.

Subscribe to our Stocks To Watch Newsletter here : https://go.benzinga.com/sales-page-187126583617110118712659

With U.S. stock futures trading mixed this morning on Friday, some of the stocks that may grab investor focus today are as follows:

  • Wall Street expects Constellation Brands, Inc. (NYSE:STZ) to report quarterly earnings at $2.83 per share on revenue of $2.47 billion before the opening bell. Constellation Brands shares rose 0.7% to $248.50 in after-hours trading.
  • NIKE, Inc. (NYSE:NKE) reported downbeat earnings for its fourth quarter, while sales topped estimates. Nike shares dropped 4.3% to $108.47 in the after-hours trading session.
  • SMART Global Holdings, Inc. (NASDAQ:SGH) reported better-than-expected results for its third quarter. The company said it sees Q4 adjusted earnings of 30 cents to 60 cents per share on net sales of $350 million to $400 million. SMART Global shares climbed 4.2% to $27.75 in the after-hours trading session.
  • Nikola Corp (NASDAQ:NKLA) said it has regained compliance with Nasdaq listing rules pertaining to minimum stock price. Nikola shares gained 0.8% to $1.27 in the after-hours trading session.
  • Analysts expect Biotricity, Inc. (NASDAQ:BTCY) to post a quarterly earnings at 9 cents per share on revenue of $2.6 million after the closing bell. Biotricity shares rose 0.1% to $0.6272 in after-hours trading.


Hosts:

Michael O'Connor , Benzinga Newsdesk

Reach out to Michael at michaeloconnor@benzinga.com

Benzinga Strategy Development

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If you have ideas for stocks we should cover or have feedback about the info or presentation, please drop us a line at newsdesk@benzinga.com or aslicoskun@benzinga.com



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