Nike Earnings Preview

It's time to get ready for Nike earnings!

Don't be caught off-guard: Nike NKE releases its next round of earnings Thursday. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Thursday's quarter reporting earnings announcement after the bell.

Earnings and Revenue

Analysts ae predict Nike will report earnings of 40 cents per share on revenue of $8 billion. In the same quarter last year, Nike posted a profit of 60 cents per share on sales of $8 billion. The current analyst consensus estimate would represent a 20 percent decrease in the company's earnings. Sales would be up 2.57 percent on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Q2 EPS Estimate: 0.4
Q2 Revenues Estimate: $8 billion

Stock Performance

Shares of Nike were trading at $64.24 as of Dec. 19. Shares are up 26.38 percent year to date. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

Over the past 90 days, analysts' have generally adjusted their estimates lower for EPS and revenues. The most common rating by analysts on Nike stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Nike's Q2 conference call can be accessed here. http://investors.nike.com/Home/default.aspx