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Barchart
Barchart
Aditya Sarawgi

THE TRUTH ABOUT: Earnings preview what to expect from nike s report - Caught on Camera

NIke NKE

Beaverton, Oregon-based NIKE, Inc. (NKE) is renowned for its innovative designs in shoes and sports equipment. The company develops, markets, and sells athletic footwear, apparel, equipment, accessories, and services. With a market cap of $85.1 billion, NIKE’s operations span over 190 countries across the Americas, EMEA, and the Indo-Pacific.

The shoe giant is expected to release its Q4 results on Thursday, Jun. 26. Ahead of the event, analysts expect NKE to report an adjusted EPS of $0.10, marking a staggering 90.1% decrease from $1.01 reported in the year-ago quarter. On a positive note, the company has notably outpaced the Street’s bottom-line estimates in each of the past four quarters.

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