Sneaker giant Nike, Inc. (NYSE: NKE) will report fourth-quarter earnings today after the closing bell. The company’s stock traded slightly higher ahead of the announcement.
Listen to Nike’s Q4 2024 earnings call live and read the real-time transcript
As per analysts, Nike is estimated to have generated a net income of $0.78 per share in the final three months of FY24, which is higher than the $0.66 share earned in the same period of last year. The revenue forecast for Q4 is $11.99 billion, down 6.5% year-over-year.
In the third quarter, earnings decreased to $1.17 billion or $0.77 per share from $1.24 billion or $0.79 per share in the year-ago quarter. Meanwhile, revenues were unchanged year-over-year at $12.43 billion. NIKE Direct revenue came in at $5.4 billion, slightly higher on a reported and currency-neutral basis.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
DG Earnings: All you need to know about Dollar General’s Q4 2024 earnings results
Dollar General Corporation (NYSE: DG) reported its fourth quarter 2024 earnings results today. Net sales increased 4.5% year-over-year to $10.3 billion. Same-store sales increased 1.2%. Net income of $191.2 million was
Adobe (ADBE) reports higher Q1 revenue, adjusted earnings
Adobe Inc. (NASDAQ: ADBE) on Wednesday reported an increase in revenue and adjusted profit for the first quarter of 2025. The numbers also exceeded Wall Street's expectations. The design software
Darden Restaurants likely to report higher sales and profit for Q3 2025
Despite rising costs and shifting consumer habits, Darden Restaurants, Inc. (NYSE: DRI) has maintained stable performance, reflecting the unwavering popularity of its brands and their ability to compete effectively in
