Nike Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
1. NKE's Q3 earnings expected at 29 cents down from 77 cents YoY. 2. Projected revenue of $11.01 billion, dropping from $12.43 billion last year. 3. Nike shares dropped 0.4% to $72.99 amid mixed analyst ratings. 4. Several analysts issued downgraded ratings and lowered price targets for NKE. 5. Nike has outperformed revenue estimates in six of the last ten quarters.