Nike (NKE) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Nike (NKE) reported $11.28 billion in revenue for the quarter ended February 2026, representing a year-over-year increase of 0.1%. EPS of $0.35 for the same period compares to $0.54 a year ago.The reported revenue represents a surprise of +0.43% over the Zacks Consensus Estimate of $11.23 billion. With the consensus EPS estimate being $0.29, the EPS surprise was +20.77%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Nike performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Geographic Revenue- North America: $5.03 billion versus $5.03 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +3.3% change.Geographic Revenue- Greater China: $1.62 billion compared to the $1.5 billion average estimate based on seven analysts. The reported number represents a change of -6.8% year over year.Geographic Revenue- Asia Pacific & Latin America: $1.49 billion versus the seven-analyst average estimate of $1.45 billion. The reported number represents a year-over-year change of +1.4%.Geographic Revenue- Europe, Middle East and Africa: $2.87 billion versus $2.95 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +2.2% change.Geographic Revenue- Greater China- Equipment: $31 million versus $30.89 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -20.5% change.Revenue- Converse: $264 million compared to the $312.61 million average estimate based on seven analysts. The reported number represents a change of -34.8% year over year.Revenue- Total Nike Brand: $11.01 billion compared to the $10.93 billion average estimate based on six analysts. The reported number represents a change of +1.1% year over year.Revenue- Global Brand Divisions: $7 million compared to the $9.97 million average estimate based on six analysts. The reported number represents a change of -41.7% year over year.Revenue- Corporate: $3 million compared to the $-19.57 million average estimate based on six analysts. The reported number represents a change of -111.5% year over year.Revenue- Footwear: $7.35 billion compared to the $7.13 billion average estimate based on four analysts. The reported number represents a change of +2% year over year.Revenue- Apparel: $3.18 billion compared to the $3.27 billion average estimate based on four analysts. The reported number represents a change of -0.3% year over year.Revenue- Equipment: $468 million versus $477.32 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -1.9% change.View all Key Company Metrics for Nike here>>>Shares of Nike have returned -16% over the past month versus the Zacks S&P 500 composite's -7.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks