Nike (NYSE: NKE) Earnings Preview: What to Expect from the Athletic Apparel Giant

Font: Financial Modeling Prep  • Oct 01, 2026

• Upcoming Earnings Report: Nike, Inc. (NYSE: NKE) is set to release its quarterly earnings on October 1st, 2026, with analysts forecasting an EPS of $0.44 and revenue of $11.32 billion, a decline from the previous year.
• Challenging Year & Market Sentiment: The athletic apparel giant's stock has experienced an 80% decline year-to-date, hitting 13-year lows, and market sentiment is cautious with a derivatives market put-to-call ratio of 1.16.
• History of Outperformance: Despite current challenges and negative investor sentiment, Nike has a strong track record, having beaten analyst EPS estimates for 12 consecutive quarters, adding an element of uncertainty for investors ahead of the report.

Apparel giant Nike, Inc. (NYSE: NKE) designs, develops, and sells athletic footwear, apparel, and equipment worldwide. The company is set to release its quarterly earnings report on October 1st, 2026, after the market closes. Investors are watching closely as the Nike stock, a leading athletic apparel brand, has faced significant challenges throughout the year.

For the upcoming quarter, Wall Street analysts expect earnings per share (EPS) of $0.44. They also project revenue to be around $11.32 billion. As reported by Benzinga, these figures would represent a decline from the same quarter last year, which saw an EPS of $0.49 and revenue of $11.72 billion.

This cautious outlook follows a difficult year for Nike. The stock has seen an 80% decline year-to-date and recently hit 13-year lows, as highlighted by Invezz and Benzinga. This performance puts additional pressure on the company to show signs of a turnaround in its upcoming financial results and improve its Nike stock performance.

Market sentiment reflects this concern. The derivatives market shows a put-to-call ratio of 1.16, which suggests more traders are betting on a price decline. This is supported by numerous analysts who have recently lowered their price forecasts, including RBC Capital, Deutsche Bank, and Bank of America Securities, impacting the overall investor outlook for Nike.

Despite the negative sentiment, Nike has a history of outperforming expectations. As noted by Benzinga, the company has beaten analyst EPS estimates for 12 consecutive quarters. This track record adds an element of uncertainty for investors ahead of the Nike earnings report.