Nike Earnings Preview: Analysts Expect Rising Revenue

Nike NKE releases its next round of earnings this Tuesday, December 20, 2011. Here's Benzinga's advanced look at Nike's second quarter earnings report.

Earnings and Revenue:

Analysts are predicting an EPS reading of 98 cents/share and revenues of $5.63 billion. We'll have to wait for Tuesday to see if the company reports higher revenue from the year-ago quarter, as analysts are expecting.

Stock Performance:

As of December 14, 2011, Nike's current share price was $94.39. Since January 1st, shares have given investors a return of 12.1%. For a full 12 months, the return has risen by 6.1%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts is a Moderate Buy. The strength of this rating has crept upwards over the past three months.

Competitors:

Wondering how some of the other consumer discretionary companies are doing? Here are a few of Nike's peers in that sector.

• LaCrosse Footwear BOOT: Strong Buy with a $0.18 recent quarter EPS
• Crocs CROX: Moderate Buy with a $0.33 recent quarter EPS
• Deckers Outdoor DECK: Moderate Buy with a $1.59 recent quarter EPS
• K-Swiss KSWS: Moderate Sell with a -$0.38 recent quarter EPS

Nike is in the retail-apparel and shoes industry, which has experienced price/earnings growth of 1%.

Finally, a description of the company's main areas of operation: Nike designs and markets high-quality footwear, apparel, equipment, and accessory products throughout the world.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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