Benzinga | Dec 20, 2021 06:55PM EST

Nike: Q2 Earnings Insights

Nike (NYSE: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.

Earnings

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.

Past Earnings Performance

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 2021EPS Estimate 1.11 0.51 0.76 0.62EPS Actual 1.16 0.93 0.90 0.78Revenue Estimate 12.46B 11.01B 11.02B 10.56BRevenue 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.