Nike Q1 earnings preview

Filed under: International markets, Earnings reports, Forecasts, Products and services, China, Market matters, NIKE, Inc'B' (NKE), Recession, Financial Crisis

Nike Inc. (NYSE: NKE) will get its chance to impress Wall Street when it reports its most recent quarterly results Tuesday following the market close. The company will be reporting its fiscal first quarter numbers, and analysts are expecting slightly lower numbers that its first quarter last year.

The giant in sports apparel and footwear last reported earnings back on June 24 when it was able to outpace analyst estimates, and this time around analysts are looking for the company to show earnings of 97 cents per share. In its first quarter last year, the company reported earnings of $1.03 per share.

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Nike Q1 earnings preview originally appeared on BloggingStocks on Mon, 28 Sep 2009 17:40:00 EST. Please see our terms for use of feeds.

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