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.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. Motley Fool newsletter services have recommended buying shares of Nike and creating a diagonal call position in Nike. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.