About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Analysts on Wall Street project that Nike (NKE) will announce quarterly earnings of $0.69 per share in its forthcoming report, representing a decline of 12.7% year over year. Revenues are projected to reach $12.29 billion, declining 0.8% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during ...

NIKE Inc. (NKE) is slated to release third-quarter fiscal 2024 results on Mar 21. The leading sports apparel retailer is likely to have witnessed year-over-year declines in the top and bottom in the fiscal third quarter.The company has been gaining from its Consumer Direct Acceleration strategy, along with strong demand, compelling products and robust performance in its digital and DTC businesses. Supply-chain constraints, continued weakness in Greater China and higher costs have been weighing on its bottom ...

The market expects Nike (NKE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended February 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on March 21, 2024, might help the stock move higher if these key numbers are better t ...

Investors are always looking for stocks that are poised to beat at earnings season and NIKE, Inc. (NKE) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because NIKE is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of s ...

Key PointsThe apparel industry has been heating up lately, but not all stocks are equal. Here's why Nike is a top choice.The writing is on the wall for Wall Street analysts, and you can easily justify their boosts in price targets and EPS projections.Nike is head and shoulders above its peers. Its size and international exposure make it a prime target for stability and growth.5 stocks we like better than Lululemon AthleticaUncertain stock market times tend to drive wealthy investors and the institutions tha ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by T ...

Nike (NKE) closed at $98.31 in the latest trading session, marking a -1.24% move from the prior day. This change lagged the S&P 500's daily loss of 1.02%. Elsewhere, the Dow lost 1.04%, while the tech-heavy Nasdaq lost 1.65%.The athletic apparel maker's shares have seen a decrease of 0.14% over the last month, not keeping up with the Consumer Discretionary sector's gain of 1.11% and the S&P 500's gain of 3.64%.The upcoming earnings release of Nike will be of great interest to investors. The company's earnin ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Nike (NKE) , which belongs to the Zacks Shoes and Retail Apparel industry, could be a great candidate to consider.This athletic apparel maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 24.82%.For the last reported quarter, Nike came out wi ...

Nike (NKE) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this athletic apparel maker have returned +4.3%, compared to the Zacks S&P 500 composite's +5% change. During this period, the Zacks Shoes and Retail Apparel industry, which Nike falls in, has gained 4.3%. The key question now is: What could be the stock's future direction?Alt ...