News

Earnings for June 26: FINL, NKE and SNX

Abhishek Gupte Jun 26, 2015

Several companies reported earnings Friday morning. Below, we’ve highlighted a few of the notables.

1. Finish Line Tops Q1 EPS

Earnings

Finish Line (FINL ) reported Q1 EPS of $0.30, $0.06 better than the analyst estimate of $0.24.

Revenue

Revenue for the quarter came in at $443.4 million versus the consensus estimate of $430.84 million.

Outlook

For the fiscal year ending February 27, 2016, the company still expects earnings per share to increase in the low-single to mid-single digit range over the fiscal year 2015 non-GAAP diluted earnings per share of $1.67.

2. Nike Tops Q4 EPS by 15 Cents

Earnings

Nike (NKE ) reported Q4 EPS of $0.98, $0.15 better than the analyst estimate of $0.83.

Revenue

Revenue for the quarter came in at $7.8 billion versus the consensus estimate of $7.69 billion.

Outlook

The company has not given a guidance along with its results, though consensus estimates call for a 10.4% gain in global futures orders.

3. Synnex Corp. Beats Q2 Estimates

Earnings

Synnex Corp. (SNX) reported Q2 EPS of $1.55, $0.02 better than the analyst estimate of $1.53.

Revenue

Revenue for the quarter came in at $3.25 billion versus the consensus estimate of $3.42 billion.

Outlook

Synnex Corp. sees FY 2015 EPS of $1.40-$1.45 versus the consensus of $1.67. SNX sees slight growth in FY 2015 revenue of $3.3-$3.4 billion versus the consensus of $3.53 billion.