Nike Inc(NYSE:NKE) will likely provide more color on what the future looks like under new CEOElliot Hillwhen the apparel and footwear company reports second-quarter financial results after the market closes on Thursday.
Earnings Estimates: Analysts expect Nike to report second-quarter financial revenue of $12.13 billion. That's down from $13.39 billion in last year's second quarter, according to data from Benzinga Pro.
The company has missed analyst revenue estimates in two straight quarters and four of the last five quarters. Over the last 10 quarters, Nike beat analyst revenue estimates six times.
Analysts expect the company...
Login or create a forever free account to read this news
Sign up/Log in
