EUGENE, OREGON - JUNE 20: The shadow of Allyson Felix is seen next to a Nike logo after finishing ... [+] second place in the Women's 400 Meters Final on day three of the 2020 U.S. Olympic Track & Field Team Trials at Hayward Field on June 20, 2021 in Eugene, Oregon. (Photo by Patrick Smith/Getty Images)Getty ImagesNike is scheduled to report earnings after Thursday’s close. The stock hit a record high of $179.10/share in 2021 and is currently trading near $76. The stock is prone to big moves after reportin ...

Nike, Inc NKE will release earnings for its second quarter, after the closing bell on Thursday, Dec. 19.Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 63 cents per share, down from $1.03 per share in the year-ago period. Nike projects to report quarterly revenue of $12.11 billion, compared to $13.39 billion a year earlier, according to data from Benzinga Pro.With the recent buzz around Nike ahead of quarterly earnings, some investors are eyeing potential gains from the c ...

Nike (NKE -1.41%) recently had a leadership change at the top that could have enormous implications for investors.*Stock prices used were the afternoon prices of Dec. 15, 2024. The video was published on Dec. 17, 2024. ...

Nike (NKE -1.41%) is scheduled to report quarterly earnings results after the markets close on Dec. 19, which could have implications for stock market investors.*Stock prices used were the afternoon prices of Dec. 15, 2024. The video was published on Dec. 17, 2024. ...

WUHAN, CHINA - DECEMBER 05: Pedestrians walk past a Nike store featuring a modern design and ... [+] mannequins displaying winter apparel on December 5, 2024, in Wuhan, Hubei Province, China. As the global COVID-19 pandemic’s effects continue to wane, international brands like Nike are experiencing a resurgence in consumer activity in urban centers across China. (Photo by Cheng Xin/Getty Images)Getty Images[Note: Nike fiscal year ends in May]Nike’s stock (NYSE: NKE), a company designing, developing, and mar ...

NIKE Inc. (NKE) is slated to release second-quarter fiscal 2025 results on Dec. 19. The leading sports apparel retailer is estimated to have witnessed year-over-year declines in the top and bottom lines in the fiscal second quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for fiscal second-quarter revenues is pegged at $12.2 billion, suggesting a 9.1% decline from the year-ago quarter’s reported figure. The Zacks Consensus Estimate for the company ...

Core Viewpoint - Analysts are closely monitoring Nike, Inc. ahead of its second-quarter financial report, particularly focusing on the new CEO Elliot Hill and his strategies for the brand [1] Group 1: Analyst Expectations - Telsey Advisory Group analyst Cristina Fernandez is interested in Nike's product innovation pipeline and changes in its distribution strategy, including a return to wholesale partners [2] - Fernandez believes that the Nike brand is likely to experience a turnaround in the next year due to Hill's changes and brand innovations [3] - Overall, Fernandez notes that Nike is in a transition period and a return to growth may take a few quarters, maintaining an Outperform rating but lowering the price target from $96 to $93 [4] Group 2: Growth Projections - Deutsche Bank analyst Krisztina Katai anticipates that negative earnings revisions for Nike will end in fiscal 2025, with a return to growth expected in fiscal 2026 [5] - Katai is encouraged by new product launches, including a new road running footwear line, and the company's wholesale rebuild, maintaining a Buy rating while lowering the price target from $92 to $82 [6] Group 3: Additional Analyst Ratings - Evercore ISI Group analyst Michael Binetti maintains an Outperform rating and lowers the price target from $105 to $97 [7] - Wells Fargo analyst Ike Boruchow maintains an Overweight rating and lowers the price target from $95 to $92 [7] Group 4: Upcoming Financial Report - Nike is set to report its second-quarter financial results after Thursday's closing bell, with consensus estimates predicting earnings of 64 cents per share on revenue of $12.175 billion [8]

Core Insights - The article discusses the intersection of the earnings season and the holiday shopping season, highlighting Nike as a notable stock that was a pandemic winner but is currently trading at a different valuation [1]. Group 1: Company Analysis - Nike is identified as a stock that has experienced significant changes in its trading status since the pandemic [1]. - The focus is on long-term growth and dividend growth investing, emphasizing the importance of profitability over low valuation [1]. - Key metrics such as margins, free cash flow stability and growth, and returns on invested capital are highlighted as critical factors in evaluating Nike's performance [1]. Group 2: Market Context - The article situates Nike within the broader context of the holiday shopping season, suggesting that consumer behavior during this period may impact the company's performance [1].

In its upcoming report, Nike (NKE) is predicted by Wall Street analysts to post quarterly earnings of $0.64 per share, reflecting a decline of 37.9% compared to the same period last year. Revenues are forecasted to be $12.17 billion, representing a year-over-year decrease of 9.1%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 1.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this pe ...

Key TakeawaysNike is scheduled to report earnings after the bell Thursday, its first quarterly release since new CEO Elliott Hill took over in October.The athletic apparel giant's sales and stock have been pressured this year as it has faced new competition in the U.S. and China.Last quarter, the company withdrew its guidance for fiscal 2025 to allow for new projections with Hill as leader. Nike (NKE) is set to report fiscal second-quarter earnings after the market closes Thursday, its first quarterly resu ...