Countdown to Nike (NKE) Q2 Earnings: A Look at Estimates Beyond Revenue and EPS

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 ...