The Street Awaits Nike's Earnings (NKE)

All eyes will be on Nike NKE after the closing bell today. The company is expected to release its Q2 earnings this evening after the close of New York Stock Exchange trading. Wall Street analysts are anticipating that Nike will report earnings per share of $0.88 compared to $0.76 in the year ago period. Revenues are expected to be $4.81 billion for the current quarter and $20.60 billion for the year. In last year's corresponding quarter, Nike posted revenue of $4.41 billion. During today's trading session, the stock has gained another 1.36% to $91.50. Year-to-date, NKE has surged more than 38%, including 6.6% in just the last month.
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Posted In: EarningsNewsIntraday UpdateMoversConsumer DiscretionaryFootwear
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