Nike (NKE) reported $12.35 billion in revenue for the quarter ended November 2024, representing a year-over-year decline of 7.7%. EPS of $0.78 for the same period compares to $1.03 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $12.08 billion, representing a surprise of +2.27%. The company delivered an EPS surprise of +23.81%, with the consensus EPS estimate being $0.63.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Nike’s results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive predicted revenues would fall by double digits in the third quarter.Nike’s new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its brands. Shares of Nike surged 11% immediately after the earnings report but gave up those gains after Hill and CFO Matthew Friend reined in expectations ...

Nike (NKE) came out with quarterly earnings of $0.78 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $1.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 23.81%. A quarter ago, it was expected that this athletic apparel maker would post earnings of $0.52 per share when it actually produced earnings of $0.70, delivering a surprise of 34.62%.Over the last four quarters, the compa ...

Nike (NKE) shares jumped in extended trading Thursday after the athletic apparel maker topped analysts' estimates with its fiscal second-quarter results, its first since new CEO Elliott Hill took over in October. The sneaker giant reported net income of $1.16 billion on revenue of $12.35 billion, above analysts' estimates of $968 million in net income on revenue of $12.12 billion, per Visible Alpha. Last year, Nike posted a profit of $1.58 billion on $13.39 billion in revenue. "We're taking immediate actio ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Investor Contact: Media Contact: Paul Trussell Virginia Rustique-Petteni investor.relations@nike.com media.relations@nike.com NIKE, INC. REPORTS FISCAL 2025 SECOND QUARTER RESULTS BEAVERTON, Ore., Dec. 19, 2024 — NIKE, Inc. (NYSE:NKE) today reported fiscal 2025 financial results for its second quarter ended November 30, 2024. • Second quarter revenues were $12.4 billion, down 8 percent on a reported basis compared to the prior year and down 9 percent on a currency-neutral basis* • NIKE Direct revenues were ...

Nike on Thursday will report its fiscal second-quarter earnings, its first quarterly earnings under new CEO Elliott Hill, who is expected to lay out the early innings of a strategy to reverse an ongoing sales decline. Here's what analysts are expecting from the world's largest sneaker company, according to consensus estimates from LSEG:Earnings per share: 64 centsRevenue: $12.18 billionAnalysts are expecting sales to drop more than 9% from the year-ago period and profits to plunge by about 38%. The dismal o ...

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. ...