NKE Earnings

NKE reported its FY2026Q2 earnings on 2025-12-18, showcasing a revenue of 12.43B against an estimate of 12.21B, resulting in a 1.79% surprise. The EPS was 0.53, surpassing the expected 0.37 by 43.24%. The stock experienced a -10.54% price change on the earnings day and a -8.58% change over the next five days, reflecting market reactions to the results.

Following NKE's FY2026Q2 earnings announcement on 2025-12-18, the stock price moved by -10.54% on the day of the release. Over the subsequent five days, it saw a -8.58% change. Historically, NKE's stock price tends to shift by an average of 0.48% in the 10 days leading up to earnings and -6.43% in the 10 days following, providing insight into potential market.

For 2026/Q4, analysts estimate NKE's annual revenue to reach 11.29B, while the EPS is projected at 0.21. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between NKE's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, NKE's stock price typically moves by 0.48% in the 10 days before its earnings and -6.43% in the 10 days after. For the upcoming 2026/Q4 earnings, analysts expect an EPS of 0.21 and revenue of 11.29B.

The earnings call presents a mixed picture. While North America shows growth, EMEA and Greater China face declines, impacting overall sentiment. Positive aspects include inventory management and some product successes, but gross margins and revenue guidance are weak. The Q&A highlighted management's plans to address challenges and focus on performance categories, but uncertainties remain, especially in EMEA. Despite some optimistic future guidance, the immediate impact is tempered by current financial strains and geopolitical issues, leading to a neutral sentiment.