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Nike Q1 Earnings Preview: China, North America In Focus, Analyst Says 'Not Much To Get Excited About Yet' With CEO Change

Benzinga ·  Oct 1 05:45

Apparel companyNike Inc(NYSE:NKE) will report first-quarter financial results Tuesday on the heels of recently naming a new CEO. Shares could be volatile after the earnings report.

Earnings Estimates: Analysts expect the company to report first-quarter revenue of $11.64 billion, down from $12.94 billion in last year's first quarter, according to data from Benzinga Pro.

The company has missed revenue estimates from analysts in three of the last four quarters but beaten estimates in seven of the last 10 quarters overall.

Analysts expect the company to report first-quarter earnings per share of 52 cents, down from 94 cents in...

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