Nike Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

NIKE, Inc. (NYSE:NKE) will release its third-quarter financial results after the closing bell on Thursday, March 20.

Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 29 cents per share, down from 77 cents per share in the year-ago period. Nike projects quarterly revenue of $11.01 billion, compared to $12.43 billion a year earlier, according to data from Benzinga Pro.

The company beat revenue estimates in the second quarter and has beaten analyst estimates for revenue in six of the last 10 quarters overall.

Nike shares fell 0.4% to close at $72.99 on Wednesday.

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