What Wall Street expects from Nike’s earnings report

//What Wall Street expects from Nike’s earnings report

What Wall Street expects from Nike’s earnings report

Wall Street analysts expect Nike Inc., Oregon's largest company, tomorrow will report a 3.8 percent increase in quarterly sales and slightly decreased earnings. Analysts surveyed by Yahoo! Finance expect $10.16 billion in quarterly revenue, up from $9.79 billion in the same quarter a year ago. Analysts also expect $0.66 in quarterly earnings per share, down from $0.69 a year ago. Nike shares (NYSE: NKE) are up 11.5 percent this year, below the market, which is up 16.1 percent. The company's…

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By | 2019-06-26T21:15:16+00:00 June 26th, 2019|Sports|

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