Nike Inc (NYSE:NKE) shares are in the spotlight Tuesday ahead of earnings after the bell. Here's what you need to know before the report.
What To Know: Nike is due to report fiscal first-quarter earnings results after the market close on Tuesday. The athletic footwear and apparel company is expected to report earnings of 52 cents per share and revenue of $11.646 billion, according to estimates from Benzinga Pro.
Nike turned in mixed results in its most recent quarter, reporting revenue of $12.6 billion versus estimates of $12.9 billion and adjusted earnings of $1.01 per share versus estimates of 85 cents per share.
Shares traded lower following the report as Nike highlighted ...
