Nike NKE will be releasing its next round of earnings Thursday. For all of the relevant information, here is your guide for the Q4 earnings announcement.
Earnings and Revenue
Based on management's projections, Nike analysts model for earnings of 64 cents per share on sales of $9.41 billion.
In the same quarter last year, Nike announced EPS of 60 cents on revenue of $8.67 billion. Revenue would be up 8.45 percent from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.53 | 0.4 | 0.48 | 0.5 |
| EPS Actual | 0.68 | 0.46 | 0.57 | 0.6 |
Stock Performance
Over the last 52-week period, shares are up 34.75 percent. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts generally rate Nike stock as 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 Q4 conference call is scheduled to begin at 5:00 p.m. ET and can be accessed here: https://investors.nike.com/Home/default.aspx
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
