Nike (NYSE: NKE) reported earnings on Dec. 20. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Nov. 30 (Q2), Nike beat slightly on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded significantly, and earnings per share grew.

Margins dropped across the board.

Revenue details
Nike booked revenue of $5.7 billion. The 15 analysts polled by S&P Capital IQ anticipated sales of $5.6 billion. Sales were 18% higher than the prior-year quarter's $4.8 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.

EPS details
EPS came in at $1. The 17 earnings estimates compiled by S&P Capital IQ averaged $0.97 per share. GAAP EPS of $1.00 for Q2 were 6.4% higher than the prior-year quarter's $0.94 per share.

Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 42.7%, 260 basis points worse than the prior-year quarter. Operating margin was 11.0%, 100 basis points worse than the prior-year quarter. Net margin was 8.2%, 120 basis points worse than the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods.

Looking ahead
What does the future hold?

Next quarter's average estimate for revenue is $5.8 billion. On the bottom line, the average EPS estimate is $1.19. (There are eight revenue estimates and 16 EPS estimates.)

For the full year ending 2012, the average estimate for revenue is $24.3 billion. The average EPS estimate is $4.96. (There are nine revenue estimates and 19 EPS estimates.)

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 2,058 members out of 2,177 rating the stock outperform, and 119 members rating it underperform. Among 646 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 621 give Nike a green thumbs-up, and 25 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nike is outperform, with an average price target of $102.56.