NIKE(NKE) ZACKS·2025-03-13 15:00Core Viewpoint - Nike (NKE) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended February 2025, with the actual results having a significant impact on its near-term stock price [1][2]. Earnings Expectations - The consensus estimate for Nike's quarterly earnings is 11.12 billion, down 10.6% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2.45% higher in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP reading is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank of 1, 2, or 3 [8]. Earnings Surprise Prediction - The Most Accurate Estimate for Nike is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -6.90%, suggesting a bearish outlook from analysts [10][11]. - Despite a Zacks Rank of 3, the combination of a negative Earnings ESP makes it challenging to predict an earnings beat [11]. Historical Performance - In the last reported quarter, Nike was expected to post earnings of 0.78, resulting in a surprise of +23.81% [12]. - Over the past four quarters, Nike has consistently beaten consensus EPS estimates [13]. Conclusion - While an earnings beat or miss may influence stock movement, other factors can also play a significant role in stock performance [14]. - Nike does not currently appear to be a compelling earnings-beat candidate, and investors should consider additional factors before making investment decisions [16].