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NIKE, Inc. (NKE) is a global leader in athletic footwear, apparel, equipment, and accessories, with a market cap of $112.2 billion, operating in the sports and lifestyle industry. The Beaverton, Oregon-based company's fiscal Q1 2025 ends in August 2024.
For Q1 earnings results, analysts forecast the sneaker and sportswear giant to post a profit of $0.54 per share, a notable decline of 42.6% from $0.94 per share in the same quarter last year. However, the company has consistently surpassed Wall Street's bottom-line projections in each of the past four quarters. NKE reported an EPS of $1.01 in Q4 2024, surpassing the consensus EPS estimate by a notable margin of 18.8%.
