NIKE, Inc. (NYSE:NKE) will release earnings for its third quarter after the closing bell on Tuesday, March 31.
Analysts expect the Beaverton, Oregon-based company to report quarterly earnings of 28 cents per share. That’s down from the 54 cents per share in the year-ago period. The consensus estimate for Nike’s quarterly revenue is $11.23 billion (it reported $11.27 billion last year), according to Benzinga Pro.
The company has beaten analyst estimates for earnings per share in 10 straight quarters.
Shares of Nike fell 0.3% to close at $51.24 on Monday.
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Let’s have a look at how Benzinga’s most-accurate analysts have rated the company …
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