Buy Side Analysts Expect Nike To Report Strong Earnings; Here's The Data

From Under Armour to Lululemon, Gap to Nike, the sports apparel industry is on fire right now. Revenue growth rates across the board are surging along with stock prices and multiples.

Nike (NKE), the largest name in the group is expected to report FQ1 2014 earnings on September 26, after the close. The information below is derived from data submitted to the Estimize platform by a set of Buy Side and Independent analyst contributors. You can share your own estimates as well by visiting www.estimize.com.

The current Wall Street consensus expectation is for NKE to report 78c EPS and $6.973B Revenue while the current Estimize consensus from 11 Buy Side and Independent contributing analysts is 80c EPS and $6.989B Revenue. The magnitude of the difference between the Wall Street and Estimize consensus numbers often identifies opportunities to take advantage of expectations that may not have been priced into the market. In this case, we’re seeing a decent sized differential between the Estimize and Wall Street numbers compared to previous quarters. Read more

Nike Inc (NKE) Q1 Earnings Preview: Just Gonna Do It, Again

NIKE, Inc. (NKE) plans to release its first quarter fiscal 2014 financial results on Thursday, September 26, 2013, at approximately 1:15 p.m. PT, following the close of regular stock market trading hours. Following the news release, NIKE management will host a conference call beginning at 2:00 p.m. PT to review results.

Wall Street anticipates that the "Just Do It" company will earn $0.78 for the quarter. iStock expects the athletic apparel and shoe company to beat Wall Street's consensus number. The iEstimate is $0.81, three cents more than expected.

In case you've been living in a cave since Mars Blackmon and Michael Jordan, NIKE, together with its subsidiaries, engages in the design, development, marketing, and sale of athletic footwear, apparel, equipment, and accessories, as well as in the provision of services to men, women, and kids worldwide. The company offers products in seven categories, including running, basketball, football, men's training, women's training, NIKE sportswear, and action sports Under the NIKE and Jordan brand names. Read more