Nike (NKE) reported $12.35 billion in income for the quarter ended November 2024, representing a year-over-year decline of seven.7%. EPS of $0.78 for a similar interval compares to $1.03 a 12 months in the past.
The reported income compares to the Zacks Consensus Estimate of $12.08 billion, representing a shock of +2.27%. The corporate delivered an EPS shock of +23.81%, with the consensus EPS estimate being $0.63.
Whereas buyers intently watch year-over-year modifications in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher venture a inventory’s value efficiency.
Right here is how Nike carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Geographic Income- North America: $5.18 billion in comparison with the $5.01 billion common estimate based mostly on eight analysts. The reported quantity represents a change of -7.9% 12 months over 12 months.
- Geographic Income- Asia Pacific & Latin America: $1.74 billion versus $1.69 billion estimated by eight analysts on common. In comparison with the year-ago quarter, this quantity represents a -3.4% change.
- Geographic Income- Europe, Center East and Africa: $3.30 billion in comparison with the $3.25 billion common estimate based mostly on eight analysts. The reported quantity represents a change of -7.4% 12 months over 12 months.
- Geographic Income- Higher China: $1.71 billion versus the eight-analyst common estimate of $1.76 billion. The reported quantity represents a year-over-year change of -8.2%.
- Geographic Income- Complete Nike Model: $11.95 billion versus the seven-analyst common estimate of $11.74 billion.
- Geographic Income- North America- Gear: $250 million versus $223.67 million estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a +25% change.
- Income- Converse: $429 million versus the eight-analyst common estimate of $466.47 million. The reported quantity represents a year-over-year change of -17.3%.
- Income- International Model Divisions: $13 million versus the seven-analyst common estimate of $12.54 million. The reported quantity represents a year-over-year change of +8.3%.
- Income- Company: -$25 million versus -$4.42 million estimated by seven analysts on common.
- Income- Footwear: $7.66 billion in comparison with the $7.77 billion common estimate based mostly on 5 analysts. The reported quantity represents a change of -11.1% 12 months over 12 months.
- Income- Gear: $544 million in comparison with the $501.72 million common estimate based mostly on 5 analysts. The reported quantity represents a change of +13.6% 12 months over 12 months.
- Income- Attire: $3.74 billion versus $3.43 billion estimated by 5 analysts on common. In comparison with the year-ago quarter, this quantity represents a -1% change.
View all Key Company Metrics for Nike here>>>
Shares of Nike have returned +4.8% over the previous month versus the Zacks S&P 500 composite’s -0.3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.
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NIKE, Inc. (NKE) : Free Stock Analysis Report
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