What You Need To Know Ahead of Nike's Earnings Report Thursday

  Analyst Estimates for Q3 FY 2024Q2 FY 2024Q3 FY 2023 Revenue$12.28 billion$13.39 billion$12.39 billionDiluted EPS$0.73 $1.03$0.79Net Income$1.11 billion$1.58 billion$1.24 billion Key Metric: Gross Margin For the first earnings report since announcing its $2 billion cost-cutting effort, a key metric to watch will be Nike's gross margin, as it could offer an idea of what progress the company is making in reducing costs and becoming more profitable. Analysts project a gross margin for the third quarter of ...