Analysts Estimate Nike (NKE) to Report a Decline in Earnings: What to Look Out for

Nike (NKE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended November 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on December 19, 2024, might help the stock move higher if these key numbers are better than expecta ...