Nike Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Nike (NYSE:NKE)

Group 1 - Nike, Inc is set to release its second-quarter earnings results on December 18, with analysts expecting earnings of 38 cents per share, a decrease from 78 cents per share in the same period last year [1] - The consensus estimate for Nike's quarterly revenue is $12.22 billion, slightly down from $12.35 billion a year earlier [1] - On December 2, Nike appointed Venkatesh Alagirisamy as Chief Operating Officer [1] Group 2 - Nike shares experienced a decline of 2.1%, closing at $65.69 on Wednesday [2] - Various analysts have provided ratings and price targets for Nike, with BTIG maintaining a Buy rating and a price target of $100, while Telsey Advisory Group has a Market Perform rating with a target of $75 [3] - Guggenheim initiated coverage with a Buy rating and a price target of $77, while Citigroup cut its price target from $74 to $70, maintaining a Neutral rating [3] - Wells Fargo upgraded the stock from Equal-Weight to Overweight, raising the price target from $60 to $75 [3]