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
Earnings Preview: Fastenal Company likely to report higher Q2 sales and profit
Fastenal Company (NASDAQ: FAST), a leading provider of industrial and construction supplies, is set to publish its second-quarter results next week. The company is among the hardest hit by the
What to look for when Netflix (NFLX) reports its Q2 2025 earnings results
Shares of Netflix, Inc. (NASDAQ: NFLX) stayed red on Monday. The stock has gained 50% over the past three months. The streaming giant is scheduled to report its earnings results
Coinbase shines on stablecoin boom, S&P 500 debut. Will the rally continue?
Coinbase Global, Inc. (NASDAQ: COIN) has emerged as the largest and most user-friendly cryptocurrency exchange in the US, since going public a few years ago. It has played a pivotal
