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
Colgate-Palmolive (CL) Q3 2024 Earnings: Key financials and quarterly highlights
Colgate-Palmolive Company (NYSE: CL) reported its third quarter 2024 earnings results today. Net sales increased 2.4% year-over-year to $5 billion. Organic sales grew 6.8%. Net income attributable to Colgate-Palmolive Company was $737
Key takeaways from Southwest Airlines’ (LUV) Q3 2024 earnings report
Shares of Southwest Airlines Co. (NYSE: LUV) were down over 4% on Thursday. The stock has gained 4% over the past three months. The airline reported its earnings results for
HOG Earnings: A snapshot of Harley-Davidson’s Q3 2024 results
Motorcycle manufacturer Harley-Davidson (NYSE: HOG) Thursday reported a sharp fall in sales and net profit for the third quarter of 2024 amid weak demand. Consolidated net income declined to $119
