Nike: Q2 Earnings Insights

Nike NKE reported its Q2 earnings results on Monday, December 20, 2021 at 04:15 PM.

Here's what investors need to know about the announcement.

Nike beat estimated earnings by 31.75%, reporting an EPS of $0.83 versus an estimate of $0.63, which surprised analysts.

Revenue was up $114,000,000 from the same period last year.

Last quarter the company beat on EPS by $0.05, which was followed by a 6.26% drop in the share price the next day.

Here's a look at Nike's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	1.11	0.51	0.76	0.62
EPS Actual	1.16	0.93	0.90	0.78
Revenue Estimate	12.46B	11.01B	11.02B	10.56B
Revenue Actual	12.25B	12.34B	10.36B	11.24B

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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