FMP
Jun 28, 2022 7:55 PM - Davit Kirakosyan
NIKE, Inc. (NYSE:NKE) shares were trading more than 5% lower Tuesday afternoon following the company’s reported Q4 results.
Revenue declined 1% year-over-year to $12.2 billion, above the Street estimate of $12.07 billion, as strong trends in Europe, Middle East, Africa (EMEA), and the Asia Pacific and Latin America (APLA) helped offset weakness in China and softer results in North America.
While EPS of $9.90 came in better than the Street estimates, it was driven by below-the-line items as EBIT dollars missed the Street by 8% due to weaker gross margin performance. The company took specific actions in order to manage supply and demand in Greater China following the Covid-related disruption which resulted in a gross margin shortfall along with elevated freight and logistics costs.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...