?Analysts are predicting an EPS reading of $1.21/share and revenues of $5.75 billion. Nike’s latest numbers will no doubt be compared with the company’s year ago quarter, when it reported a profit of $1.14/share on revenues of $5.18 billion. We’ll have to wait for Thursday to see if Nike has accomplished the estimated 6.1% rise in EPS and 11% increase in revenues on a year over year basis.
At last check, shares of Nike were trading at $89.77. Since January 1st, shares of Nike have given investors a return of 6.2%. For a full 12 months, the return has risen by 11.7%. Given that these returns are generally positive, long term shareholders are probably satisfied going into this earnings release.
Deckers Outdoor (NASDAQ:Finally, a description of the company’s main areas of operation: Nike designs and markets high quality footwear, apparel, equipment, and accessory products throughout the world.
Now that you’re fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what to do next guide.
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