Nike Likely To Report Lower Q4 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

NIKE, Inc (NYSE:NKE) will release earnings results for the fourth quarter, after the closing bell on Thursday, June 26.

Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 13 cents per share, down from 99 cents per share in the year-ago period. Nike projects to report quarterly revenue at $10.72 billion, compared to $12.61 billion a year earlier, according to data from Benzinga Pro.

The company has beaten analyst estimates for revenue in two straight quarters and beaten estimates in six of the last 10 quarters overall.

Nike shares fell 1% to close at $60.83 on Wednesday.

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