NKE - Nike Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call | Benzinga
NIKE, Inc. (NYSE: NKE) is expected to release earnings results for its third quarter, after the closing bell on March 21, 2024.
Analysts expect the Beaverton, Oregon-based company to report quarterly earnings at 74 cents per share, down from 79 cents per share in the year-ago period. Nike is projected to report quarterly revenue of $12.29 billion, according to data from Benzinga Pro.
Last month, Nike reportedly stated its plan to curtail around 2% of its workforce, or over 1,600 jobs, to save costs. Nike Chief Executive John Donahoe said the company will use resources to boost investment in categories like running, ...