Polymarket Odds Favor Nike and Carnival to Beat Earnings Estimates

Nike, Carnival, and Vail Resorts are set to report their earnings on Monday, September 28. While Carnival will release its numbers before the market opens, Nike and Vail Resorts' results will be announced after the close.

According to Polymarket, a prediction platform where traders bet on real-world events, investors have strong expectations for these companies. For instance, Nike has beaten or met earnings estimates in 17 of the past 18 quarters, with a success rate of 94.44%. Polymarket gives the athletic apparel company an 82% chance of beating its estimated GAAP EPS of 45 cents.

Carnival also shows promise, having beaten or met earnings estimates in 15 out of 18 quarters for a success rate of 83.33%. Polymarket gives Carnival an 89% chance of beating its estimated adjusted EPS of $1.37.