Nike Inc (NYSE) will be one of the last companies to step into the earnings confessional for 2025, when the athletic retailer fiscal second-quarter earnings after the close on Thursday, Dec. 18. Analysts anticipate profits of 37 cents per share on revenue of $12.15 billion -- a year-over-year decline of 52.6% and 1.7%, respectively. The company's turnaround efforts, led by CEO Elliott Hill, remain under scrutiny this quarter, while a weak holiday sales warning from the last report may be on investors' minds as well.
Looking back at Nike stock's earnings history, the shares finished higher after both of their last two reports, snapping a six-quarter losing streak in June. The stock has averaged a 9.1% next-day swing, regardless of direction, over the last two years, while the options pits are pricing in a 13.1% move this time around.
NKE has been inching higher since early November, bouncing off $60, an area that stepped up as support back in the summer. Since the start of the year, the equity is down 10.2%.
