NKE - What to expect from Nike's FQ2 Earnings?

Nike (NYSE:NKE) is scheduled to announce FQ2 earnings results on Monday, December 20th, after market close. The consensus EPS Estimate is $0.63 and the consensus Revenue Estimate is $11.25B (+0.1% Y/Y). Read last quarter's numbers and as revenue failed to meet consensus. Also from the last quarter, the stock stumbled on supply challenges. A look at the stock's performance against peers over the last one year. Steven Madden (NASDAQ:SHOO) Q3 revenue has beat consensus by $2.51M; Deckers Outdoor (NYSE:DECK) FQ2 revenue misses consensus; Wolverine World Wide (NYSE:WWW) missed consensus. Over the last 1 year, NKE has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 0 upward revisions and 21 downward. Revenue estimates have seen 0 upward revisions and 19 downward. This week, Nike (NKE -0.5%) acquired virtual sneakers creator RTFKT. Among other news, the stock is preparing

For further details see:

What to expect from Nike's FQ2 Earnings?